Mike Mueller: Yes. Hi. Just a really quick one. I guess, the Port-Chester development, it looks like the timing was pushed back a few quarters. Just curious what happened there.
Timothy Martin: Typical of any development. That’s a pretty normal thing that things get pushed back. It’s a variety of factors, including just timing of getting permits, the timing of getting certain subs in there, nothing of particular note other than development time frames are always subject to change.
Mike Mueller: Got it. Okay. That was it. Appreciate it. Thank you.
Christopher Marr: Thank you.
Operator: Our next question comes from the line of Michael Goldsmith from UBS. Go ahead, please.
Michael Goldsmith: Hey, two quick clarifications. First, on street rates, we talked about the year-over-year change. Are you able to provide kind of what the sequential change in street rates were for March and for April?
Christopher Marr: Yes, Michael, I’m sorry, I don’t happen to have that sequential change at my fingertips, other than it continues to move sequentially up over that time period. I don’t have the exact number.
Michael Goldsmith: That’s fine. I’ll follow-up. And then just another clarification. I think you said that it’s possible rates improved sequentially in the second quarter. Is that street rates or is that in place rents?
Christopher Marr: Street rates should continue to grow during the second quarter. As should realized rents continue to improve through the course of the year.
Michael Goldsmith: Got it. Thank you very much.
Christopher Marr: Thanks, Michael.
Operator: This concludes our question-and-answer portion of the day. There are no further questions at this time. I’d now like to turn the call back over to Mr. Chris Marr for final closing comments.
Christopher Marr: Thank you. Thank you, everyone, for participating in the call. I think the industry as a whole continues to demonstrate its resilience. Our customers come to find us with everyday life events and I think our industry continues to deliver a valuable service to help remove some of the stress from those everyday life events and provide folks with a safe and secure place to store their cherished possessions until they need them back. So we’re confident in the long-term growth of our industry, confident in Cube, maximizing the opportunities that are presented to us. Obviously, there are economic factors and other things that are outside of our control, but what we can control is focus on delivering that perfect rental every single time to our cherished customer base, and that’s what you can be assured we are keenly focused on here, especially over the next several months of our busy season.
So thank you all for participating, and we look forward to seeing you in person or speaking to you again at the end of the second quarter. Take care.
Operator: Thank you. Ladies and gentlemen, this concludes your conference call for today. We thank you for participating and ask that you please disconnect your lines. Have a lovely day.
