Precision Global Corporation Partners with CubeSmart to Manage Four Strategic Storage Facilities Across Texas
Rhea-AI Summary
CubeSmart (NYSE:CUBE) has entered into a partnership with Precision Global Corporation (PGC) to manage four strategic storage facilities across Texas. The partnership, effective July 25, 2025, includes the management of storage facilities in Clute, Royse City, Lakehills, and Granbury.
CubeSmart, the third-largest self-storage operator in the U.S. with over 1,300 properties nationwide, will implement its operational expertise to enhance customer experience and facility performance. This strategic move aligns with PGC's expansion goals in the self-storage sector and its mission to build a national portfolio through partnerships with elite operators.
Positive
- Partnership with CubeSmart, the third-largest self-storage operator in the U.S.
- Expansion of operational presence across four strategic Texas locations
- Access to CubeSmart's proven management systems and marketing infrastructure
Negative
- None.
News Market Reaction
On the day this news was published, CUBE declined 1.23%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Brazosport Storage in
Clute, TX - FM 1777 Storage in
Royse City, TX - Lakehill Storage in
Lakehills, TX - Tin Top Storage in
Granbury, TX
As of Friday, July 25, 2025, CubeSmart officially assumes third-party management of all four properties.
This marks a significant milestone in PGC's expansion within the self-storage sector and reflects the company's focus on enhancing value through best-in-class operations and strategic partnerships.
"CubeSmart doesn't just manage storage—they redefine it," said Brian Sullivan, President of Precision Global Corporation. "Their leadership in this space is undeniable. By entrusting CubeSmart with these four facilities, we're elevating the customer experience while positioning each asset for sustained success."
With more than two decades of experience and a reputation for operational excellence, CubeSmart is the third-largest owner and operator of self-storage facilities in the
Under CubeSmart's management, tenants at all four
This partnership aligns with Precision Global's ongoing mission: to scale a national portfolio of self-storage and RV park assets by partnering with elite operators and creating long-term value for both customers and investors.
About Precision Global Corporation
Precision Global Corporation is a national private equity firm specializing in real estate investment and development. With a focus on high-growth, income-producing assets like self-storage and RV parks, PGC is known for its entrepreneurial spirit, disciplined execution, and strategic partnerships. The company is actively expanding its portfolio in markets with strong demographic and economic fundamentals. For more information, visit www.precisionglobalcorp.com.
About CubeSmart
Founded in 2004, CubeSmart is a publicly traded REIT and recognized industry leader in the self-storage sector. Managing over 1,300 facilities nationwide, CubeSmart offers expert third-party management, technology-driven solutions, and a customer-first culture that sets them apart as the go-to partner for facility owners across the
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SOURCE Precision Global Corporation LLC
FAQ
What storage facilities will CubeSmart (CUBE) manage for Precision Global Corporation?
When does CubeSmart's management of the Precision Global Corporation facilities begin?
How many properties does CubeSmart currently manage nationwide?
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