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Management of Ultimate Storages announced

October 1, 2009

Iron Gate Equity Group, LLC, announced today they have acquired Ultimate Storages, 1608 South Washington, Beeville, Texas, and they have directed Watson & Taylor Management, Inc. to manage the day-to-day operations via a third party management contract. "This is the second asset we have placed with Watson & Taylor," said Dan Ebert, President/CEO, Iron Gate Equity, "because they have exceeded our expectations with positive results and goodwill with Iron Gate Self Storage in San Antonio." This location is the largest in Beeville with 357 storage units in 41,169 rentable sq. ft. The property offers a nice mix of storage, including interior climate control, drive-up storage, open RV & Boat parking, and importantly, covered RV & Boat parking.  Watson & Taylor will install a full time resident property manager and extend the operating hours of the facility to the market. "We appreciate the confidence of the Iron Gate Equity ownership in placing this second property with Watson & Taylor," said Tom Maxfield, Regional Operations Manager, Watson & Taylor," and we look forward to providing enhanced customer service and value while participating in the Beeville community."