CubeSmart
stable customer base distinctive demand drivers change the profile of renters and create a more stable customer a demand in for more of a supplement to the city small living spaces which creates a longer term customer the average length of stay of our customer base at our stabilized stores in is four months greater than the portfolio average stores see less churn as there are short term renters which creates a longer term customer base of customers have rented for more than one year and have rented for more than two both meaningfully higher than the portfolio average and respectively the unit mix for stores in is sizes of square feet smaller than the same store portfolio customers are different than the behaviors such as a greater percentage of cash payments and different operational practices | CubeSmart
Company
Deck date
May 2023
Slide
16 of 28
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