Press Release - New Aquisitions - Georgia, Illinois

Georgia, Illinois ClosingsThursday, March 01, 2007
For Immediate Release

ORLANDO, Fla. – OB Companies/Simply Self Storage, a privately held developer of self storage facilities, announced that it has acquired two additional self storage portfolios as of March 1, 2007.

Simply Self Storage has acquired a portfolio in Georgia from Artisan Self Storage. The portfolio consisted of 6 facilities with 2,794 units and 488,380 total rentable square feet.

Also acquired were 2 facilities located in Illinois consisting of 1363 units with 178,811 rentable square feet. The seller Boston Capitol Partners represented by MJ Partners Real Estate Services.

Simply Self Storage, based in Orlando, FL., has offices and self storage projects in Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Ohio, Pennsylvania, Texas, Rhode Island and Puerto Rico. Simply Self Storage has nearly 10.2 million square feet of storage space and over 160 operating self storage facilities.

For further information, please contact Jessica Wolf at OB Companies/Simply Self Storage, JWolf@obcompanies.com.

Kurt O’Brien
Chief Executive Officer
OB Companies/Simply Self Storage
7932 W. Sand Lake Rd., Suite 108
Orlando, FL 32819
407-248-7878 – Phone
407-248-9048 - Fax