SBOA: The Magazine Fall 2015 Edition | Page 3

Welcome Letter from the President of the SBOA, Ian Burnstein It gives me great pleasure to share the second edition of SBOA: The Magazine. The initial plan was to create only one a year but the demand and response of our first edition exceeded all expectations. Our readership was more than double our projections and the demand to publish articles was too large to publish only once a year. Our industry continues to evolve, change and improve. Since our last publication we have seen explosive growth in development and two new REITS (Jernigan Capital and National Storage Affiliates) have launched. This edition will highlight many of these exciting new developments in our industry. The enhanced buying power of the SBOA has allowed us to create a membership base of nearly 5,000 member-facilities. We are more than twice the size of the largest self-storage REIT. By joining together, owners of all sizes and numbers of facilities have access to cost-saving opportunities that they would not ordinarily have. Once again we would like to thank our members and vendors for their support and trust in the SBOA. SBOA constituents believe in a mutually beneficial relationship: carefully selected vendors support the operators through premier pricing and service. In return, members understand and benefit from strength in numbers in their purchasing decisions. Thank you for reading and supporting the SBOA. www.theSBOA.com SBOA Magazine - Fall 2015 Page 3