<ARTICLE> 5 <LEGEND> Financial Data Schedule </LEGEND> <CIK> 0000944314 <NAME> Sovran Self Storage, Inc. <MULTIPLIER> 1,000 <CURRENCY> US Dollar <PERIOD-TYPE> Year <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Dec-31-1998 <EXCHANGE-RATE> 1.000 <CASH> 2,984 <SECURITIES> 0 <RECEIVABLES> 1,701 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,685 <PP&E> 517,812 <DEPRECIATION> 21,339 <TOTAL-ASSETS> 505,436 <CURRENT-LIABILITIES> 13,503 <BONDS> 205,248 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 124 <OTHER-SE> 262,541 <TOTAL-LIABILITY-AND-EQUITY> 505,436 <SALES> 0 <TOTAL-REVENUES> 79,183 <CGS> 0 <TOTAL-COSTS> 22,367 <OTHER-EXPENSES> 18,414 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,986 <INCOME-PRETAX> 24,416 <INCOME-TAX> 0 <INCOME-CONTINUING> 24,416 <DISCONTINUED> 0 <EXTRAORDINARY> 357 <CHANGES> 0 <NET-INCOME> 24,059 <EPS-PRIMARY> 1.95 <EPS-DILUTED> 1.95