Powell Goldstein Announces $1 Billion Self Storage REIT
U.S. Newswire, March, 2008
To: NATIONAL EDITORS
Contact: Erin Meszaros of Powell Goldstein LLP, 1-404-572-6613, emeszaros@pogolaw.com
ATLANTA, March 20 /PRNewswire/ -- Powell Goldstein LLP announces that the Form S-11 Registration Statement of its client, Strategic Storage Trust, Inc. (Strategic Storage), was declared effective by the SEC on March 17, 2008. Strategic Storage is a "blind pool" public, non-traded self storage REIT which has registered a $1 billion public offering to be sold on a "best efforts" basis over the next two years.
The registration time for this offering with the SEC, FINRA and substantially all of the states and U.S. Territories was just over four and a half months, which is two to six months shorter than the typical registration time for new sponsors in the...
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