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 non-traded REIT industry.
"Powell Goldstein's significant industry knowledge, professionalism,
efficiency and contacts made it possible for this filing to pass through
the various regulatory agencies so quickly," said H. Michael Schwartz,
president of Strategic Storage. "As we move forward with the offering, we
will continue to lean on the firm's guidance and extensive knowledge of
this area to make our offering as successful as possible for our
investors."
Powell Goldstein partners Michael Rafter and Howard Hirsch led a team
of lawyers on this REIT filing. Messrs. Rafter and Hirsch have worked
extensively in the non-traded REIT industry for much of the past decade
representing other prominent non-traded REITs.
About Powell Goldstein LLP
Powell Goldstein LLP was established in 1909 and has 260 attorneys who
provide legal counsel to clients in a wide variety of practices from
offices in Atlanta, Washington, D.C., Dallas and Charlotte. For more
information, visit http://www.pogolaw.com or call 404.572.6613.
SOURCE Powell Goldstein LLP
 back to top
Related links:
http://www.pogolaw.com
CONTACT:
Erin Meszaros of Powell Goldstein LLP,
+1-404-572-6613, emeszaros@pogolaw.com
|
