Sovran has developed some tax advantaged sale options for operators looking to get more out of the sale of their storage facilities.

UPREIT Exchange Sale

Our UPREIT Exchange allows you to accept payment for your facility in the form of Sovran UPREIT stock, which is a restricted form of share holding that pays our current dividend ($2.36 per share per year, or 7.8% on it’s current market price). UPREIT stock has a few restrictions, so please contact us for more details.

Cash Sale

Of course, Sovran purchases storage properties for cash, with an excellent reputation for quick closings.

Contact us to learn more about selling your storage facility.