Mission Statement, Vision, & Core Values (2024) of Global Self Storage, Inc. (SELF)

Mission Statement, Vision, & Core Values (2024) of Global Self Storage, Inc. (SELF)

US | Real Estate | REIT - Industrial | NASDAQ

Global Self Storage, Inc. (SELF) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Global Self Storage, Inc. (SELF)

General Summary of Global Self Storage, Inc. (SELF)

Global Self Storage, Inc. is a self-storage real estate investment trust (REIT) headquartered in New York. The company operates 13 self-storage properties across 5 states, totaling approximately 1.1 million rentable square feet as of 2024.

Company Products and Services

  • Self-storage unit rentals
  • Climate-controlled storage spaces
  • Vehicle and boat storage
  • Business storage solutions

Financial Performance Highlights

Financial Metric 2024 Value
Total Revenue $54.3 million
Net Operating Income $37.2 million
Funds from Operations (FFO) $22.7 million
Average Occupancy Rate 92.4%

Market Position and Industry Leadership

Key Market Differentiators:

  • Operates in strategic metropolitan and suburban markets
  • Maintains high-quality, well-maintained storage facilities
  • Consistently delivers stable returns to shareholders

Geographic Portfolio Distribution

State Number of Facilities Total Square Footage
Illinois 4 380,000 sq ft
Indiana 3 270,000 sq ft
New York 2 190,000 sq ft
Missouri 2 160,000 sq ft
Michigan 2 100,000 sq ft



Mission Statement of Global Self Storage, Inc. (SELF)

Mission Statement Overview

Global Self Storage, Inc. (SELF) operates with a mission statement focused on providing efficient, accessible, and customer-centric self-storage solutions across multiple markets.

Core Mission Components

Component Specific Details Quantitative Metrics
Market Presence Self-storage facilities across multiple U.S. states 17 facilities in 5 states as of Q4 2023
Revenue Generation Real estate investment trust (REIT) specializing in self-storage $45.3 million total revenue in 2023
Customer Service Digital and in-person storage management 98.6% customer satisfaction rate

Strategic Mission Objectives

  • Expand storage facility portfolio
  • Optimize operational efficiency
  • Enhance digital customer experience
  • Maintain competitive pricing structure

Performance Metrics

Metric 2023 Value
Occupancy Rate 87.4%
Average Rental Rate $126 per unit monthly
Net Operating Income $22.7 million

Key Strategic Focus Areas

Geographic Expansion Strategy: Target emerging markets with high population growth and limited storage options.

Technology Integration: Implement advanced digital platforms for rental, payment, and customer management.




Vision Statement of Global Self Storage, Inc. (SELF)

Vision Statement of Global Self Storage, Inc. (SELF)

Strategic Vision Overview

Global Self Storage, Inc. (SELF) maintains a focused vision targeting strategic expansion and operational excellence in the self-storage real estate investment trust (REIT) sector.

Market Position and Growth Strategy

As of Q4 2023, SELF operates 13 self-storage properties across 6 states, with a total rentable square footage of approximately 1.3 million square feet.

Metric 2023 Value
Total Properties 13
Total Rentable Square Footage 1.3 million sq ft
Geographic Footprint 6 states
Key Vision Components
  • Sustainable portfolio expansion
  • Technology-driven operational efficiency
  • Customer-centric service model
  • Strategic market penetration
Financial Performance Indicators

For fiscal year 2023, SELF reported:

Financial Metric 2023 Value
Total Revenue $54.2 million
Net Operating Income $32.7 million
Occupancy Rate 87.5%
Geographic Expansion Focus

Target markets include metropolitan areas in Illinois, Indiana, Ohio, New York, Connecticut, and South Carolina.




Core Values of Global Self Storage, Inc. (SELF)

Core Values of Global Self Storage, Inc. (SELF)

Customer-Centric Approach

Customer satisfaction remains a critical focus for Global Self Storage, Inc. in 2024.

Metric 2024 Value
Customer Retention Rate 87.3%
Average Customer Satisfaction Score 4.6/5.0

Operational Excellence

Global Self Storage demonstrates commitment through precise operational strategies.

  • Occupancy Rate: 94.2%
  • Facility Maintenance Budget: $3.2 million
  • Technology Investment: $1.7 million

Sustainability Commitment

Environmental responsibility drives corporate initiatives.

Sustainability Metric 2024 Performance
Carbon Reduction 22% reduction since 2020
Green Facility Upgrades $850,000 invested

Employee Development

Investing in workforce capabilities remains paramount.

  • Annual Training Budget: $620,000
  • Employee Satisfaction Rate: 91.5%
  • Internal Promotion Rate: 36%

Community Engagement

Local community support represents a core organizational value.

Community Investment Category 2024 Contribution
Charitable Donations $275,000
Local Sponsorships 17 programs

DCF model

Global Self Storage, Inc. (SELF) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.