Global Self Storage functions as an independently administered and managed real estate investment trust (REIT). Its primary activities encompass the ownership, operation, management, acquisition, development, and renovation of self-storage facilities. These properties are specifically engineered to deliver secure, conveniently located, and budget-friendly storage solutions for both residential and commercial clientele. Through its fully owned subsidiaries, the company currently holds and/or oversees a portfolio of thirteen self-storage locations spread across Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Global Self Storage Reports Second Quarter 2026 Results
Global Self Storage reported Q2 2026 revenue of $3.2 million, up 0.6% year-over-year, while net income increased 24.9% to $830,000.
Despite the top-line growth, same-store net operating income fell 3.8% to $1.9 million and FFO declined 10.7% to $978,000 due to higher employment costs and property taxes.
Same-store occupancy remained stable at 94.7% with a record tenant duration of 3.6 years, and the board maintained a quarterly dividend of $0.0725 per share.