Aug 31, 2007

OTC Disclosure & News Service

Los Angeles, CA – Today LAACO, Ltd. announced the completion of construction and the opening of its newest Storage West self storage facility at 9325 West Russell Road in Las Vegas, Nevada. The 73,112 rentable square foot facility has 651 rental spaces and sits on approximately 3.6 acres of land. The property features air-cooled storage, covered parking for 52 recreational vehicles and boats and other upgrades that enhance the storage experience for its customers. The property is conveniently located at the intersection of two major cross streets, Russell Road and Fort Apache, and is visible from the 215 Freeway, which is located two blocks away. LAACO, Ltd. President Karen L. Hathaway said, “Las Vegas is one of the fastest growing metropolitan areas in the nation and Storage West is well positioned in that market, with 9 self storage facilities to meet the growing storage needs of Las Vegas residents and businesses.” Ms. Hathaway also noted that three other Storage West facilities are currently under construction in Las Vegas. LAACO, Ltd. is a California limited partnership. The Partnership is the owner and operator of Storage West self storage properties in Arizona, California and Nevada. Wholly owned subsidiaries of the Partnership own and operate The Los Angeles Athletic Club and the California Yacht Club.

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