FORM 10-Q A #1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
For Quarter Ended March 31, 1995 Commission file number 0-23466
SHURGARD STORAGE CENTERS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 91-1603837
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
1201-3RD AVENUE, SUITE 2200, SEATTLE, WASHINGTON 98101
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) 206-624-8100
Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable
date.
Shares outstanding at May 8, 1995:
Class A Common Stock, $.001 par value, 18,095,988 shares outstanding
Class B Common Stock, $.001 par value, 154,604 shares outstanding
<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCAHNGE ACT OF 1934,
THE REQISTANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF
BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED.
SHURGARD STORAGE CENTERS, INC.
DATE: MAY 10, 1995 BY: Harrell Beck
Harrell Beck
Chief Financial Officer and Authorized Signatory
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<ARTICLE> 5
<CIK> 0000906933
<NAME> SHURGARD STORAGE CENTERS, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 9,520
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 476,658
<DEPRECIATION> 14,750
<TOTAL-ASSETS> 536,467
<CURRENT-LIABILITIES> 0
<BONDS> 132,392
<COMMON> 345,229
0
0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 536,467
<SALES> 20,972
<TOTAL-REVENUES> 21,602
<CGS> 0
<TOTAL-COSTS> 12,030
<OTHER-EXPENSES> 787
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 3,341
<INCOME-PRETAX> 5,354
<INCOME-TAX> 0
<INCOME-CONTINUING> 5,354
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,354
<EPS-PRIMARY> .31
<EPS-DILUTED> .31
</TABLE>
