Exhibit 21.1
W. P. CAREY INC.
SUBSIDIARIES OF REGISTRANT
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| (CA) ADS, LLC | | 100 | % | | Delaware |
| 24 HR TX (TX) Limited Partnership | | 100 | % | | Delaware |
| 24 HR-TX (MD) Business Trust | | 100 | % | | Maryland |
| 24 HR-TX GP (TX) QRS 12-66, Inc. | | 100 | % | | Delaware |
| 25th Street Storage 18 (FL) LLC | | 100 | % | | Delaware |
| 308 Route 38 LLC | | 100 | % | | Delaware |
| 3265 University Parkway Storage 18 (FL) LLC | | 100 | % | | Delaware |
| 500 Jefferson Tower (TX) LLC | | 100 | % | | Delaware |
| 5150 University Parkway Storage 18 (FL) LLC | | 100 | % | | Delaware |
| 601 Jefferson Manager (DE) LLC | | 100 | % | | Delaware |
| 601 Jefferson Tower (TX) LLC | | 100 | % | | Delaware |
| 6000 Nathan (MN) LLC | | 100 | % | | Delaware |
| ADCIR (CO) QRS 16-60, Inc. | | 100 | % | | Delaware |
| ADCIR EXP (CO) LLC | | 100 | % | | Delaware |
| ADS2 (CA) QRS 11-41, Inc. | | 100 | % | | California |
| ADVA 15 (GA) LLC | | 100 | % | | Delaware |
| ADV-QRS 15 (GA) QRS 15-4, Inc. | | 100 | % | | Delaware |
| AFD (MN) LLC | | 100 | % | | Delaware |
| AIR (IL) QRS 14-48, Inc. | | 100 | % | | Delaware |
| AIR ENT (OH) LLC | | 100 | % | | Delaware |
| AIRLIQ (TX) LLC | | 100 | % | | Delaware |
| Airliq II (IL) LLC | | 100 | % | | Delaware |
| Airport Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Alamo WPC Storage (TX) LLC | | 100 | % | | Delaware |
| ALAN JATHOO JV (MULTI) LLC | | 90 | % | | Delaware |
| ALL-IN (PA-OH) LLC | | 100 | % | | Delaware |
| Alphabet Multi Holding (CAN) ULC | | 100 | % | | Canada |
| ALUSA (TX) Limited Partnership | | 100 | % | | Delaware |
| ALUSA-GP (TX) QRS 16-72, Inc. | | 100 | % | | Delaware |
| ALUSA-LP (DE) QRS 16-73, Inc. | | 100 | % | | Delaware |
| American GL Cathedral Storage 17 (CA) LLC | | 100 | % | | Delaware |
| American GL Pearl Storage 17 (HI) LLC | | 100 | % | | Delaware |
| American JH Storage 17 (Multi) LLC | | 100 | % | | Delaware |
| American Subsequent Storage 17 (Multi) LLC | | 100 | % | | Delaware |
| American WPC Storage (Multi) LLC | | 100 | % | | Delaware |
| American WPC Storage TRS 17-1 (DE) Inc. | | 100 | % | | Delaware |
| Amtoll (NM) QRS 14-39, Inc. | | 100 | % | | Delaware |
| Ang (Multi) LLC | | 100 | % | | Delaware |
| Ang II (Multi) LLC | | 100 | % | | Delaware |
| Ang III (Multi) LLC | | 100 | % | | Delaware |
| ANTH Campus (CA) LLC | | 100 | % | | Delaware |
| ANT-LM LLC | | 100 | % | | Delaware |
| Appleton Store, LLC | | 100 | % | | Wisconsin |
| Applied Utah (UT) QRS 14-76, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Araxos Sp. z o.o. | | 100 | % | | Poland |
| Arboretum Group, L.L.C. | | 100 | % | | Wisconsin |
| ARNOLD POLYMER (MULTI) LP | | 100 | % | | Delaware |
| ARNOLD POLYMER GP (MULTI) LLC | | 100 | % | | Delaware |
| Assembly (MD) | | 100 | % | | Maryland |
| ATCHI (IL) LLC | | 100 | % | | Delaware |
| Atlanta Self Storage 18 (GA) LLC | | 100 | % | | Delaware |
| Auto (FL) QRS 11-39, Inc. | | 100 | % | | Florida |
| Auto Investor 17 (DE) LLC | | 100 | % | | Delaware |
| AutoPress (GER) LLC | | 100 | % | | Delaware |
| AUTOPRO (GA) LLC | | 100 | % | | Delaware |
| Autosafe Airbag 14 (CA) LP | | 100 | % | | Delaware |
| Avondale Storage GP 18 (LA) LLC | | 100 | % | | Delaware |
| Avondale Storage Owner 18 (LA) LP | | 100 | % | | Delaware |
| Avasu (AZ) LLC | | 100 | % | | Delaware |
| AW WPC (KY) LLC | | 100 | % | | Delaware |
| AZO Driver (DE) LLC | | 100 | % | | Delaware |
| AZO Mechanic (DE) LLC | | 100 | % | | Delaware |
| AZO Navigator (DE) LLC | | 100 | % | | Delaware |
| AZO Valet (DE) LLC | | 100 | % | | Delaware |
| AZO-A L.P. | | 100 | % | | Delaware |
| AZO-B L.P. | | 100 | % | | Delaware |
| AZO-C L.P. | | 100 | % | | Delaware |
| AZO-D L.P. | | 100 | % | | Delaware |
| Baltic Retail Properties IISUTI UAB | | 70 | % | | Lithuania |
| Barn Cement (TX) LLC | | 100 | % | | Delaware |
| BBQ Storage 17 (NY) LLC | | 100 | % | | Delaware |
| BBrands (Multi) QRS 16-137, Inc. | | 100 | % | | Delaware |
| BDF (CT) QRS 16-82, Inc. | | 100 | % | | Delaware |
| Bear T (OH) LLC | | 100 | % | | Delaware |
| Beaumont Storage 17 (CA) LLC | | 100 | % | | Delaware |
| Beechnut Storage 18 (TX) LLC | | 100 | % | | Delaware |
| Beechnut Storage Owner 18 (TX) LP | | 100 | % | | Delaware |
| BEL BTS (SC) LLC | | 100 | % | | Delaware |
| Berrocal Sp. z o.o. | | 100 | % | | Poland |
| Beverage (GER) QRS 16-141 LLC | | 100 | % | | Delaware |
| BFS (DE) LP | | 100 | % | | Delaware |
| BFS (DE) QRS 14-74, Inc. | | 100 | % | | Delaware |
| BG FEE OWNER (KY) LLC | | 100 | % | | Delaware |
| BG Ground Terminal (CA) LLC | | 100 | % | | Delaware |
| BG Terminal (CA) LLC | | 100 | % | | Delaware |
| BG Terminal Investor (CA) LLC | | 100 | % | | Delaware |
| BG Terminal Investor II LP | | 100 | % | | Delaware |
| BG Terminal Investor II TRS LLC | | 100 | % | | Delaware |
| Bill-GP (TX) QRS 14-56, Inc. | | 100 | % | | Delaware |
| Bill-MC 14 LP | | 90 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Blair Road Storage 18 (DC) LLC | | 100 | % | | Delaware |
| BM-LP (TX) QRS 14-57, Inc. | | 100 | % | | Delaware |
| BMOC-HOU GP Holder (TX) LLC | | 100 | % | | Delaware |
| BMOC-HOU (TX) LP | | 100 | % | | Delaware |
| BMOC-MIA (FL) LLC | | 100 | % | | Delaware |
| BMOC-ORL (FL) LLC | | 100 | % | | Delaware |
| BN(MA) QRS 11-58, Inc. | | 100 | % | | Delaware |
| BOBS (CT) QRS 16-25, Inc. | | 100 | % | | Delaware |
| Bohr Bolt (OH) LLC | | 100 | % | | Delaware |
| Bohr Bolt II (OH) LLC | | 100 | % | | Delaware |
| Bolder (CO) QRS 11-44, Inc. | | 100 | % | | Delaware |
| Bolt (DE) Limited Partnership | | 100 | % | | Delaware |
| Bolt (DE) QRS 15-26, Inc. | | 100 | % | | Delaware |
| Bolt (DE) Trust | | 100 | % | | Maryland |
| Bone (DE) LLC | | 100 | % | | Delaware |
| Bone (DE) QRS 15-12, Inc. | | 100 | % | | Delaware |
| Bone Manager, Inc. | | 100 | % | | Delaware |
| Boom (MN) LLC | | 100 | % | | Delaware |
| BORLAND (MN) LLC | | 100 | % | | Delaware |
| BOS West (MA) LLC | | 100 | % | | Delaware |
| Bplast 16 Manager (DE) QRS 16-129, Inc. | | 100 | % | | Delaware |
| Bplast 16 Member (DE) QRS 16-128, Inc. | | 100 | % | | Delaware |
| Bplast 17 Member (DE) LLC | | 100 | % | | Delaware |
| Bplast Expansion Landlord (IN) LLC | | 100 | % | | Delaware |
| Bplast Expansion Member (IN) 17 LLC | | 100 | % | | Delaware |
| Bplast Landlord (DE) LLC | | 100 | % | | Delaware |
| Bplast Two Landlord (IN) LLC | | 100 | % | | Delaware |
| Bplast Two Manager (IN) QRS 16-152, Inc. | | 100 | % | | Delaware |
| Bplast Two Member (IN) 17 LLC | | 100 | % | | Delaware |
| Bplast Two Member (IN) QRS 16-151, Inc. | | 100 | % | | Delaware |
| BPS Nevada, LLC | | 15 | % | | Delaware |
| Bronson Storage 18 (FL) LLC | | 100 | % | | Delaware |
| BRY-PL (DE) Limited Partnership | | 100 | % | | Delaware |
| BRY-PL (MD) Trust | | 100 | % | | Maryland |
| BRY-PL GP (DE) QRS 15-57, Inc. | | 100 | % | | Delaware |
| BSL Caldwell (NC) LLC | | 100 | % | | Delaware |
| BST Torrance Landlord (CA) QRS 14-109, Inc. | | 100 | % | | Delaware |
| BT (Multi) LLC | | 100 | % | | Delaware |
| BT (PA) QRS 12-25, Inc. | | 100 | % | | Pennsylvania |
| BUCKLE UP (MX) LLC | | 100 | % | | Delaware |
| BUD HEAVY (MN) LLC | | 100 | % | | Delaware |
| Build (CA) QRS 12-24, Inc. | | 100 | % | | California |
| BUILT IN A DAY (NY) LLC | | 100 | % | | Delaware |
| Buyersburg (IN) LLC | | 100 | % | | Delaware |
| CII Landlord (IL) LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| C3PL (MI) LLC | | 100 | % | | Delaware |
| Call LLC | | 100 | % | | Delaware |
| Camborne Sp. z o.o. | | 100 | % | | Poland |
| Can (WI) QRS 12-34, Inc. | | 100 | % | | Wisconsin |
| Can Storage 18 (TOR) LLC | | 100 | % | | Delaware |
| Canelli Sp. z o.o. | | 100 | % | | Poland |
| Cantina 17 Landlord (IL) LLC | | 100 | % | | Delaware |
| Cantina 17 Manager (IL) LLC | | 100 | % | | Delaware |
| Can-Two (DE) QRS 12-67, Inc. | | 100 | % | | Delaware |
| Cards (CA) QRS 11-37, Inc. | | 100 | % | | Delaware |
| Cards (CA) QRS 12-12, Inc. | | 100 | % | | Delaware |
| Carey 17 Harmon LLC | | 100 | % | | Delaware |
| Carey Alfabeto Holding Mx, S. de R.L. de C.V. | | 100 | % | | Mexico |
| Carey Alfabeto Landlord Mx, S. de R.L. de C.V. | | 100 | % | | Mexico |
| Carey Alphabet (DE) Inc. | | 100 | % | | Delaware |
| Carey Alphabet B.V. | | 100 | % | | Netherlands |
| Carey Asset Management Corp. | | 100 | % | | Delaware |
| Carey Asset Management Dallas LLC | | 100 | % | | Delaware |
| Carey Credit Advisors, LLC | | 100 | % | | Delaware |
| Carey European Management LLC | | 100 | % | | Delaware |
| Carey European SH, LLC | | 100 | % | | Delaware |
| Carey Management LLC | | 100 | % | | Delaware |
| Carey Market LLC | | 100 | % | | Delaware |
| Carey REIT II, Inc. | | 100 | % | | Maryland |
| Casting Landlord (GER) QRS 16-109 LLC | | 100 | % | | Delaware |
| Casting Member (GER) QRS 16-108 LLC | | 100 | % | | Delaware |
| CAT LOG (WI) LLC | | 100 | % | | Delaware |
| CATALINA WM (OR) LLC | | 100 | % | | Delaware |
| Cathedral City Storage 17 (CA) LLC | | 100 | % | | Delaware |
| Cherry Valley Storage 17 (IL) LLC | | 100 | % | | Delaware |
| CHIRO MANAGER (DE) LLC | | 100 | % | | Delaware |
| CIP 18 (NY) MEZZ LLC | | 100 | % | | Delaware |
| CIP Acquisition Incorporated | | 100 | % | | Maryland |
| Citrus Heights (CA) GP, LLC | | 100 | % | | Delaware |
| CIV-News GP (DE) LLC | | 100 | % | | Delaware |
| CIV-News (Multi) LP | | 100 | % | | Delaware |
| CLA (MO) LLC | | 100 | % | | Delaware |
| Clean (KY) LLC | | 100 | % | | Delaware |
| Clean (KY) QRS 16-22, Inc. | | 100 | % | | Delaware |
| CM6-GROUND (MULTI) LLC | | 100 | % | | Delaware |
| CM6-Hotel (Multi) LLC | | 100 | % | | Delaware |
| CMAR 18 Investor (DE) LLC | | 100 | % | | Delaware |
| CMAR Hotel Landlord 18 (Mauritius) Ltd | | 100 | % | | Mauritius |
| CM Nathan (MN) LLC | | 100 | % | | Delaware |
| Coco (WY) QRS 16-51, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Coco-Dorm (PA) QRS 16-52, Inc. | | 100 | % | | Delaware |
| Coco-Dorm (PA) Trust | | 100 | % | | Maryland |
| Coco-Dorm (PA), LP | | 100 | % | | Delaware |
| Contrato de Fideicomiso Irrevocable Traslativo de Dominio en Zona Restringida y de Administracion numero 3908 | | 100 | % | | Mexico |
| Contrato De Fideicomiso Revocable de Administracion de Bienes Inmuebles Numero 3801 | | 100 | % | | Mexico |
| CONTRATO DE FIDEICOMISO REVOCABLE DE ADMINISTRACION DE BIENES INMUEBLES NUMERO 3890 | | 100 | % | | Mexico |
| Contrato De Fideicomiso Revocable de Adminstracion de Bienes Inmuebles Numero 3968 | | 100 | % | | Mexico |
| Consys (SC) QRS 16-66, Inc. | | 100 | % | | Delaware |
| Consys-9 (SC) LLC | | 100 | % | | Delaware |
| Containers (DE) Limited Partnership | | 100 | % | | Delaware |
| Containers (DE) QRS 15-36, Inc. | | 100 | % | | Delaware |
| COOP (GA) LLC | | 100 | % | | Delaware |
| Corporate Property Associates | | 100 | % | | California |
| Corporate Property Associates 15 Incorporated | | 100 | % | | Maryland |
| Corporate Property Associates 4, A California Limited Partnership | | 100 | % | | California |
| Corporate Property Associates 6, A California Limited Partnership | | 100 | % | | California |
| Corporate Property Associates 9, L.P., A Delaware Limited Partnership | | 100 | % | | Delaware |
| Courtyard Albuquerque Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Baltimore Washington Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Chicago OHare Operator LLC | | 100 | % | | Delaware |
| Courtyard Indianapolis Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Irvine John Wayne Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Louisville East Operator LLC | | 100 | % | | Delaware |
| Courtyard Newark Liberty international Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Orlando Airport Operator LLC | | 100 | % | | Delaware |
| Courtyard Orlando International Drive Convention Center Operator LLC | | 100 | % | | Delaware |
| Courtyard Sacramento Operator LLC | | 100 | % | | Delaware |
| Courtyard San Diego Sorrento Operator LLC | | 100 | % | | Delaware |
| Courtyard Spokane Downtown Operator LLC | | 100 | % | | Delaware |
| CP GAL (IN) QRS 16-61, Inc. | | 100 | % | | Delaware |
| CP GAL Fairfax, LLC | | 100 | % | | Delaware |
| CP GAL Kennesaw, LLC | | 100 | % | | Delaware |
| CP GAL Leawood, LLC | | 100 | % | | Delaware |
| CP GAL Lombard, LLC | | 100 | % | | Delaware |
| CP GAL Plainfield, LLC | | 100 | % | | Delaware |
| CPA 15 Merger Sub Inc. | | 100 | % | | Maryland |
| CPA 16 LLC | | 100 | % | | Delaware |
| CPA 16 Merger Sub Inc. | | 100 | % | | Maryland |
| CPA 17 International Holding and Financing LLC | | 100 | % | | Delaware |
| CPA17 Merger Sub LLC | | 100 | % | | Maryland |
| CPA 17 Pan-European Holding Cooperatief U.A. | | 100 | % | | Netherlands |
| CPA 17 SB1 Lender LLC | | 100 | % | | Delaware |
| CPA 17 SB2 Lender LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| CPA 17 SBOP JV Member LLC | | 100 | % | | Delaware |
| CPA 17 SBPROP JV Member LLC | | 100 | % | | Delaware |
| CPA17 SBOP MANAGER LLC | | 100 | % | | Delaware |
| CPA17 SBPROP MANAGER LLC | | 100 | % | | Delaware |
| CPA 18 Con s.r.o. | | 100 | % | | Slovakia |
| CPA 18 GH Member LLC | | 100 | % | | Delaware |
| CPA 18 Integras GH Investor Limited | | 100 | % | | Ghana |
| CPA 18 Integras JV (DE) LLC | | 100 | % | | Delaware |
| CPA 18 International Holding and Financing LLC | | 100 | % | | Delaware |
| CPA18 Merger Sub LLC | | 100 | % | | Maryland |
| CPA 18 Pan-European Holding Coöperatief U.A. | | 100 | % | | Netherlands |
| CPA 18 SH (TX) LIMITED PARTNER LLC | | 100 | % | | Delaware |
| CPA 18 SH (TX) Special General Partner LLC | | 100 | % | | Delaware |
| CPA Paper, Inc. | | 100 | % | | Delaware |
| CPA:17 Limited Partnership | | 100 | % | | Delaware |
| CPA:18 Limited Partnership | | 100 | % | | Delaware |
| CPA16 German (DE) Limited Partnership | | 100 | % | | Delaware |
| CPA16 German GP (DE) QRS 16-155, Inc. | | 100 | % | | Delaware |
| CPA-CS Holdings LP | | 90 | % | | Delaware |
| CQ Landlord (MI) LLC | | 100 | % | | Delaware |
| CQ Landlord (Multi) LLC | | 100 | % | | Delaware |
| CQ Mezz Manager (Multi) LLC | | 100 | % | | Delaware |
| Crafty (AL) LLC | | 100 | % | | Delaware |
| Crate (GER) QRS 16-142 LLC | | 100 | % | | Delaware |
| CRI (AZ-CO) QRS 16-4, Inc. | | 100 | % | | Delaware |
| Crystal Lake Storage 18 (IL) LLC | | 100 | % | | Delaware |
| CSH Malaga Student Housing Holding, S.L. | | 100 | % | | Spain |
| CS-GP 18 (TOR) LLC | | 100 | % | | Delaware |
| Cups (DE) LP | | 100 | % | | Delaware |
| Cups Number One (DE) LLC | | 100 | % | | Delaware |
| Cusona Sp. z o.o. | | 100 | % | | Poland |
| CU-SOL (VA) LLC | | 100 | % | | Delaware |
| Dan (FL) QRS 15-7, Inc. | | 100 | % | | Delaware |
| Darnekusa sp. z o. o. | | 100 | % | | Poland |
| DCNETH Landlord (NL) LLC | | 100 | % | | Delaware |
| DCNETH Member (NL) QRS 15-102 Inc. | | 100 | % | | Delaware |
| Delaware Frame (TX), LP | | 100 | % | | Delaware |
| Deliver (TN) QRS 14-49, Inc. | | 100 | % | | Delaware |
| Delmo (DE) QRS 11/12-1, Inc. | | 100 | % | | Delaware |
| Delmo (PA) QRS 11-36 | | 100 | % | | Pennsylvania |
| Delmo (PA) QRS 12-10 | | 100 | % | | Pennsylvania |
| Delmo 11/12 (DE) LLC | | 100 | % | | Delaware |
| Desert Storage 18 (CA) LP | | 100 | % | | Delaware |
| Desert Storage GP 18 (CA) LLC | | 100 | % | | Delaware |
| DES-Tech GP (TN) QRS 16-49, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| DES-Tech LP (TN) QRS 16-50, Inc. | | 100 | % | | Delaware |
| Develop (TX) LP | | 100 | % | | Delaware |
| Dfence (Belgium) 15 SRL | | 100 | % | | Belgium |
| Dfence (Belgium) 16 SRL | | 100 | % | | Belgium |
| Dfend 15 LLC | | 100 | % | | Delaware |
| Dfend 16 LLC | | 100 | % | | Delaware |
| Diagalves Sp. z o.o. | | 100 | % | | Poland |
| DIFUSÃO – SOCIEDADE IMOBILIÁRIA S.A. | | 100 | % | | Portugal |
| DIY Poland Sp. z o.o. | | 100 | % | | Poland |
| DKSN Storage 18 (TX) LLC | | 100 | % | | Delaware |
| DOPPIO (IL) LLC | | 100 | % | | Delaware |
| Dough (DE) QRS 14-77, Inc. | | 100 | % | | Delaware |
| Dough (MD) | | 100 | % | | Maryland |
| Dough Lot (DE) QRS 14-110, Inc. | | 100 | % | | Delaware |
| Dough Lot (MD) | | 100 | % | | Maryland |
| DP WPC (TX) LLC | | 100 | % | | Delaware |
| Drill (DE) Trust | | 100 | % | | Maryland |
| Drill GmbH & Co. KG | | 100 | % | | Germany |
| Drug (AZ) QRS 14-42, Inc. | | 100 | % | | Delaware |
| DSG (IN) QRS 15-44, Inc. | | 100 | % | | Delaware |
| DSG GP (PA) QRS 14-103, Inc. | | 100 | % | | Delaware |
| DSG Landlord (PA) L.P. | | 100 | % | | Delaware |
| DSG LP (PA) Trust | | 100 | % | | Maryland |
| DT Memphis New TRS (DE) LLC | | 100 | % | | Delaware |
| Dunkelfelder sp. z o. o. | | 100 | % | | Poland |
| Duras sp. z o. o. | | 100 | % | | Poland |
| DYNAMITE (MULTI) LLC | | 100 | % | | Delaware |
| Dyne (DE) LP | | 100 | % | | Delaware |
| ED Landlord (GA) LLC | | 100 | % | | Delaware |
| Ed Landlord Two (DE) LLC | | 100 | % | | Delaware |
| El Paso Six Storage 18 (TX) LLC | | 100 | % | | Delaware |
| ELECTRIC TRUSTOR (MX) LLC | | 100 | % | | Delaware |
| Eleventh Storage 18 (GA) LLC | | 100 | % | | Delaware |
| ELL (GER) QRS 16-37, Inc. | | 100 | % | | Delaware |
| Fabric (DE) GP | | 100 | % | | Delaware |
| Fast (DE) QRS 14-22, Inc. | | 100 | % | | Delaware |
| Faur WPC (OH) LLC | | 100 | % | | Delaware |
| Faverga Sp. z o.o. | | 100 | % | | Poland |
| Fayetteville Storage 17 (NC) LLC | | 100 | % | | Delaware |
| Fernandina Beach Storage 18 (FL) LLC | | 100 | % | | Delaware |
| FELIX (MULTI) LLC | | 100 | % | | Delaware |
| Film (FL) QRS 14-44, Inc. | | 100 | % | | Delaware |
| Finistar (CA-TX) Limited Partnership | | 100 | % | | Delaware |
| Finistar GP (CA-TX) QRS 16-21, Inc. | | 100 | % | | Delaware |
| Finistar LP (DE) QRS 16-29, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Finnestadveien 44 II AS | | 100 | % | | Norway |
| FIRED UP (IL) LLC | | 100 | % | | Delaware |
| FIS (MI) LLC | | 100 | % | | Delaware |
| Fit(TX)GP QRS 12-60, Inc. | | 100 | % | | Delaware |
| Fit(TX) LP | | 100 | % | | Delaware |
| Fit(TX) Trust | | 100 | % | | Maryland |
| Flagland Spain, S.L. | | 100 | % | | Spain |
| Flan 1 (IL) LLC | | 100 | % | | Delaware |
| Flan 4 (Multi) LLC | | 100 | % | | Delaware |
| Flan Hud (NY) LLC | | 100 | % | | Delaware |
| Flatlands Self Storage NYC Mezz, LLC | | 100 | % | | Delaware |
| Flatlands Self Storage NYC, LLC | | 100 | % | | Delaware |
| Flavortown (IL) LLC | | 100 | % | | Delaware |
| Flex (NE) LLC | | 100 | % | | Delaware |
| Flex Member (NE) LLC | | 100 | % | | Delaware |
| Flipper (FL) LLC | | 100 | % | | Delaware |
| FLOUR POWER (ID) LLC | | 100 | % | | Delaware |
| FLOUR POWER (IL) LLC | | 100 | % | | Delaware |
| FLOUR POWER (MULTI) LLC | | 100 | % | | Delaware |
| FLOUR POWER (OH) LLC | | 100 | % | | Delaware |
| FLOUR POWER (UT) LLC | | 100 | % | | Delaware |
| FLUX CAPACITOR 121 GW LLC | | 100 | % | | Delaware |
| FM Naples Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Food (DE) QRS 12-49, Inc. | | 100 | % | | Delaware |
| Forever Metal (QC) Ltd. | | 100 | % | | Canada |
| FORT-BEN HOLDINGS (ONQC) LTD. | | 100 | % | | Canada |
| FORT-NOM HOLDINGS (ONQC) INC. | | 100 | % | | Canada |
| Forterra Canada GP LLC | | 100 | % | | Delaware |
| Forterra Canada Holdings LP | | 100 | % | | Delaware |
| Fortune Road Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Foss (NH) QRS 16-3, Inc. | | 100 | % | | Delaware |
| Four World Landlord (GA) LLC | | 100 | % | | Delaware |
| Four World Manager (GA) LLC | | 100 | % | | Delaware |
| Frame (TX) QRS 14-25, Inc. | | 100 | % | | Delaware |
| Freight (IL) LLC | | 100 | % | | Delaware |
| FRO 16 (NC) LLC | | 100 | % | | Delaware |
| FRO Man Member 17 (NC) LLC | | 100 | % | | Delaware |
| FRO Spin (NC) LLC | | 100 | % | | Delaware |
| Furniture Exch Manager (WI) LLC | | 100 | % | | Delaware |
| Furniture Exch Manager Too (WI) LLC | | 100 | % | | Delaware |
| Furniture Owner (WI) LLC | | 100 | % | | Delaware |
| Furniture Owner Too (WI) LLC | | 100 | % | | Delaware |
| GAL III (IN) QRS 15-49, Inc. | | 100 | % | | Delaware |
| GAL III (NJ) QRS 15-45, Inc. | | 100 | % | | Delaware |
| GAL III (NY) QRS 15-48, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Galadean Sp. z o.o. | | 100 | % | | Poland |
| Galleria Storage 18 (TX) LLC | | 100 | % | | Delaware |
| GEMCHI (IL) LLC | | 100 | % | | Delaware |
| GERB TOLLAND QRS (CT) 16 Inc. | | 100 | % | | Delaware |
| Gibson Mass Member Two LLC | | 100 | % | | Delaware |
| Gilroy Storage GP 18 (CA) LLC | | 100 | % | | Delaware |
| Gilroy Storage Owner 18 (CA) LP | | 100 | % | | Delaware |
| GIVE ME A BRAKE (OH) LLC | | 100 | % | | Delaware |
| Global Cerit, SL | | 100 | % | | Spain |
| Global Negan S.L. | | 75 | % | | Spain |
| Global Sagres, S.L. | | 100 | % | | Spain |
| Global Windu, S.L. | | 90 | % | | Spain |
| Go Green (OH) LLC | | 100 | % | | Delaware |
| Goldyard, S.L. | | 100 | % | | Spain |
| GONE FISHING (PA) LLC | | 100 | % | | Delaware |
| Granite Landlord (GA) LLC | | 100 | % | | Delaware |
| GRC (TX) Limited Partnership | | 100 | % | | Delaware |
| GRC (TX) QRS 15-47, Inc. | | 100 | % | | Delaware |
| GRC (TX) Trust | | 100 | % | | Maryland |
| GRC-II (TX) Limited Partnership | | 100 | % | | Delaware |
| GRC-II (TX) QRS 15-80, Inc. | | 100 | % | | Delaware |
| GRC-II (TX) Trust | | 100 | % | | Maryland |
| Greens (Finland) QRS 16-14, Inc. | | 100 | % | | Delaware |
| Greens Shareholder (Finland) QRS 16-16, Inc. | | 100 | % | | Delaware |
| Greensboro Storage GP 18 (NC) LLC | | 100 | % | | Delaware |
| Greensboro Storage Owner 18 (NC) LP | | 100 | % | | Delaware |
| GROVEPORT OWNER (OH) LLC | | 100 | % | | Delaware |
| Guggenheim Credit Income Fund | | 3 | % | | Delaware |
| Guitar Mass (TN) QRS 14-36, Inc. | | 100 | % | | Delaware |
| Guitar Plus (TN) QRS 14-37, Inc. | | 100 | % | | Delaware |
| H2 17 Investor (GER) LLC | | 100 | % | | Delaware |
| H2 Investor (GER) QRS 14-104 LLC | | 100 | % | | Delaware |
| H2 Investor (GER) QRS 15-91, Inc. | | 100 | % | | Delaware |
| H2 Investor (GER) QRS 16-100, Inc. | | 100 | % | | Delaware |
| Hammer (DE) Limited Partnership | | 100 | % | | Delaware |
| Hammer (DE) LP QRS 12-65, Inc. | | 100 | % | | Delaware |
| Hammer (DE) LP QRS 14-100, Inc. | | 100 | % | | Delaware |
| Hammer (DE) LP QRS 15-33, Inc. | | 100 | % | | Delaware |
| Hammer (DE) QRS 15-32, Inc. | | 100 | % | | Delaware |
| Hammer (DE) Trust | | 100 | % | | Maryland |
| Hammer Time (TX) LLC | | 100 | % | | Delaware |
| Hammer Time Owner (TX) LP | | 100 | % | | Delaware |
| Hammered Home (OH) LLC | | 100 | % | | Delaware |
| Hans Gruber Godo Kaisha | | 100 | % | | Japan |
| Hawk (IA) LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Hawk JV Landlord (IA) LLC | | 100 | % | | Delaware |
| Hawk JV Landlord Two (IA) LLC | | 90 | % | | Delaware |
| Hawk Landlord (IA) LLC | | 100 | % | | Delaware |
| Hawk Landlord Two (IA) LLC | | 90 | % | | Delaware |
| Hawk Two (IA) LLC | | 100 | % | | Delaware |
| HCF GP (CA) LLC | | 100 | % | | Delaware |
| HCF Landlord (CA) LP | | 100 | % | | Delaware |
| Health Landlord (MN) LLC | | 100 | % | | Delaware |
| HEF (NC-SC) QRS 14-86, Inc. | | 100 | % | | Delaware |
| Hellweg GmbH & Co. Vermögensverwaltungs KG | | 100 | % | | Germany |
| Hesperia Storage 17 (CA) LLC | | 100 | % | | Delaware |
| HF Landlord (SC) LLC | | 100 | % | | Delaware |
| HF Member (SC) LLC | | 100 | % | | Delaware |
| HF Three Landlord (SC) LLC | | 100 | % | | Delaware |
| HF Two Landlord (SC) LLC | | 100 | % | | Delaware |
| HILLTOP SH VENTURE (TX) LP | | 90 | % | | Delaware |
| HLWG B Note Purchaser (DE) LLC | | 100 | % | | Delaware |
| HLWG Two (GER) LLC | | 100 | % | | Delaware |
| HM Benefits (MI) QRS 16-18, Inc. | | 100 | % | | Delaware |
| HNGS AUTO (MI) LLC | | 100 | % | | Delaware |
| HOAGIES (FL) LLC | | 100 | % | | Delaware |
| HOB (TX) LLC | | 100 | % | | Delaware |
| Hoe Management GmbH | | 100 | % | | Germany |
| Holiday Storage 17 (FL) LLC | | 100 | % | | Delaware |
| Honey Badger GP LLC | | 100 | % | | Delaware |
| Honey Badger (NC) LP | | 100 | % | | Delaware |
| HOT AIR (CANADA) LLC | | 100 | % | | Delaware |
| HOT AIR (MULTI) LLC | | 100 | % | | Delaware |
| HOT AIR NOMINEE CORP. | | 100 | % | | Delaware |
| Hotel Airport Stuttgart Grundstücks GmbH | | 95 | % | | Germany |
| Hotel (MN) QRS 16-84, Inc. | | 100 | % | | Delaware |
| Hotel Operator (MN) TRS 16-87, Inc. | | 100 | % | | Delaware |
| House Money (Multi) LLC | | 100 | % | | Delaware |
| Hulikoa Kona Storage 18 (HI) LLC | | 100 | % | | Delaware |
| Hum (DE) QRS 11-45, Inc. | | 100 | % | | Delaware |
| Humble Storage 18 (TX) LLC | | 100 | % | | Delaware |
| Huntwood (TX) Limited Partnership | | 100 | % | | Delaware |
| Huntwood (TX) QRS 16-8, Inc. | | 100 | % | | Delaware |
| ICALL BTS (VA) LLC | | 100 | % | | Delaware |
| ICG (TX) Limited Partnership | | 100 | % | | Delaware |
| ICG-GP (TX) QRS 15-3, Inc. | | 100 | % | | Delaware |
| ICG-LP (TX) Trust | | 100 | % | | Maryland |
| ID Wheel (FL) LLC | | 100 | % | | Delaware |
| IDrive Mezz Lender (FL) LLC | | 100 | % | | Delaware |
| IH37 Storage 18 (TX) LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Ijobbers (DE) QRS 14-41, Inc. | | 100 | % | | Delaware |
| Ijobbers LLC | | 100 | % | | Delaware |
| Image (NY) QRS 16-67, Inc. | | 100 | % | | Delaware |
| Industrial Center 7 Sp. z o.o. | | 100 | % | | Poland |
| INGESCORP 2008, S.L. | | 100 | % | | Spain |
| Initiator (CA) QRS 14-62, Inc. | | 100 | % | | Delaware |
| Inversiones Holmes, S.L. | | 100 | % | | Spain |
| Ithaca Storage 18 (NY) LLC | | 100 | % | | Delaware |
| Jamaica (IL) LLC | | 100 | % | | Delaware |
| Jamesinvest SRL | | 100 | % | | Belgium |
| Jandoor (MULTI) LLC | | 100 | % | | Delaware |
| Jax Costa (FL) LLC | | 100 | % | | Delaware |
| Jen (MA) QRS 12-54, Inc. | | 100 | % | | Delaware |
| Jensen Beach Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Joan Storage 18 (FL) LLC | | 100 | % | | Delaware |
| John McCLane (NY) LLC | | 100 | % | | New York |
| JPCentre (TX) LLC | | 100 | % | | Delaware |
| JPTampa Management (FL) LLC | | 100 | % | | Delaware |
| JX STORAGE (MULTI) 1 LLC | | 100 | % | | Delaware |
| JX STORAGE (MULTI) 2 LLC | | 100 | % | | Delaware |
| Kabushiki Kaisha Mure Property | | 100 | % | | Japan |
| Kaloko Storage 18 (HI) LLC | | 100 | % | | Delaware |
| KIDNEY BEANS (TN) LLC | | 100 | % | | Delaware |
| Kiinteistöosakeyhtiö Ruskontie 55 | | 100 | % | | Finland |
| KITKAT (IL) LLC | | 100 | % | | Delaware |
| KNOT JUST A SNACK (MULTI) LLC | | 100 | % | | Delaware |
| KRO (IL) LLC | | 100 | % | | Delaware |
| KSM Cresskill (NJ) QRS 16-80, Inc. | | 100 | % | | Delaware |
| KSM Livingston (NJ) QRS 16-76, INC. | | 100 | % | | Delaware |
| KSM Montclair (NJ) QRS 16-78, INC. | | 100 | % | | Delaware |
| KSM Morristown (NJ) QRS 16-79, INC. | | 100 | % | | Delaware |
| KSM Summit (NJ) QRS 16-75, Inc. | | 100 | % | | Delaware |
| Labels-Ben (DE) QRS 16-28, Inc. | | 100 | % | | Delaware |
| Labrador (AZ) LP | | 100 | % | | Delaware |
| Lady L Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Lake Street Storage 17 (IL) LLC | | 100 | % | | Delaware |
| Landsberger StraBe 68-76 Grundstϋcks GmbH | | 95 | % | | Germany |
| LASER GP (CA) LLC | | 100 | % | | Delaware |
| LASER LANDLORD (CA) LP | | 100 | % | | Delaware |
| Laurken (IL) LLC | | 100 | % | | Delaware |
| Leather (DE) QRS 14-72, Inc. | | 100 | % | | Delaware |
| Leesburg Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Lewisville Dealer 17 (TX) LLC | | 100 | % | | Delaware |
| Lincoln (DE) LP | | 100 | % | | Delaware |
| Longboom (Finland) QRS 16-131, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Longboom Finance (Finland) QRS 16-130, Inc. | | 100 | % | | Delaware |
| Louisville Storage 18 (KY) LLC | | 100 | % | | Delaware |
| Loznica d.o.o. | | 100 | % | | Croatia |
| LPD (CT) QRS 16-132, Inc. | | 100 | % | | Delaware |
| LPORT (WA-TX) QRS 16-92, Inc. | | 100 | % | | Delaware |
| LPORT 2 (WA) QRS 16-147, Inc. | | 100 | % | | Delaware |
| LT Fit (AZ-MD) LLC | | 100 | % | | Delaware |
| LTI (DE) QRS 14-81, Inc. | | 100 | % | | Delaware |
| LTI Trust (MD) | | 100 | % | | Maryland |
| LV Storage Portfolio 18 (NV) LLC | | 100 | % | | Delaware |
| M DUE | | 100 | % | | Italy |
| Madde Investments Sp. z o.o. | | 100 | % | | Poland |
| Madison Storage NYC, LLC | | 100 | % | | Delaware |
| Mala-IDS (DE) QRS 16-71, Inc. | | 100 | % | | Delaware |
| Mallika PBJ LLC | | 100 | % | | Delaware |
| Mapinvest Delaware LLC | | 100 | % | | Delaware |
| Marcourt Investments Incorporated | | 100 | % | | Maryland |
| Master (DE) QRS 15-71, Inc. | | 100 | % | | Delaware |
| Mauritius International I LLC | | 100 | % | | Delaware |
| MBM-Beef (DE) QRS 15-18, Inc. | | 100 | % | | Delaware |
| MCDORMY (NY) LLC | | 100 | % | | Delaware |
| Medi (PA) Limited Partnership | | 100 | % | | Delaware |
| Medi (PA) QRS 15-21, Inc. | | 100 | % | | Delaware |
| Medi (PA) Trust | | 100 | % | | Maryland |
| Medical (Multi) LLC | | 100 | % | | Delaware |
| MERCURY (MI) LLC | | 100 | % | | Delaware |
| Merge (WI) LLC | | 100 | % | | Delaware |
| Meri (NC) LLC | | 100 | % | | Delaware |
| MERI(NC)MM QRS 14-98, Inc. | | 100 | % | | Delaware |
| MET WST (UT) QRS 16-97, Inc. | | 100 | % | | Delaware |
| Metal (DE) QRS 14-67, Inc. | | 100 | % | | Delaware |
| Metal (GER) QRS 15-94, Inc. | | 100 | % | | Delaware |
| Metaply (MI) LLC | | 100 | % | | Delaware |
| MFF Mezz (Multi) LLC | | 100 | % | | Delaware |
| Miami Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Milford Storage 18 (MA) LLC | | 100 | % | | Delaware |
| Mill Storage 17 (CA) LLC | | 100 | % | | Delaware |
| Millsboro Storage 18 (DE) LLC | | 100 | % | | Delaware |
| MIS EGN (MN) LLC | | 100 | % | | Delaware |
| MK (Mexico) QRS 16-48, Inc. | | 100 | % | | Delaware |
| MK GP BEN (DE) QRS 16-45, Inc. | | 100 | % | | Delaware |
| MK Landlord (DE) Limited Partnership | | 100 | % | | Delaware |
| MK LP Ben (DE) QRS 16-46, Inc. | | 100 | % | | Delaware |
| MK-Ben (DE) Limited Partnership | | 100 | % | | Delaware |
| MK-GP (DE) QRS 16-43, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| MK-LP (DE) QRS 16-44, Inc. | | 100 | % | | Delaware |
| MK-Nom (ONT), Inc. | | 100 | % | | Canada |
| MM(UT) QRS 11-59, Inc. | | 100 | % | | Delaware |
| Module (DE) Limited Partnership | | 100 | % | | Delaware |
| Mons (DE) QRS 15-68, Inc. | | 100 | % | | Delaware |
| MOPROBLEMS (MI) LLC | | 100 | % | | Delaware |
| More Applied Utah (UT) LLC | | 100 | % | | Delaware |
| Morisek Hoffman (IL) LLC | | 100 | % | | Delaware |
| Morrisville Landlord GP (NC) LLC | | 100 | % | | Delaware |
| Morrisville Landlord (NC) LP | | 100 | % | | Delaware |
| Movie (VA) QRS 14-24, Inc. | | 100 | % | | Delaware |
| MR Lender (TX) LLC | | 100 | % | | Delaware |
| MSTEEL (IL) LLC | | 100 | % | | Delaware |
| Mustek Rank S.L. | | 100 | % | | Spain |
| MWI Investor 17 (TX) LP | | 100 | % | | Delaware |
| MWI Investor GP 17 (TX) LLC | | 100 | % | | Delaware |
| Nail (DE) Trust | | 100 | % | | Maryland |
| NAILED IT GP LLC | | 100 | % | | Delaware |
| NAILED IT (MULTI) LP | | 100 | % | | Delaware |
| NAKATOMI PLAZA (DE) LLC | | 100 | % | | Delaware |
| Namesti Rank S.L. | | 100 | % | | Spain |
| National Storage 17 (Multi) LLC | | 100 | % | | Delaware |
| Neonatal Finland Inc. | | 100 | % | | Delaware |
| New Castle Storage 18 (DE) LLC | | 100 | % | | Delaware |
| Nord (GA) QRS 16-98, Inc. | | 100 | % | | Delaware |
| Northwest Storage 17 (IL) LLC | | 100 | % | | Delaware |
| Oak Creek 17 Investor (WI) LLC | | 100 | % | | Delaware |
| Olimpia Investments Sp. z o.o. | | 100 | % | | Poland |
| OLIVIA (IL) LLC | | 100 | % | | Delaware |
| OLIVIA (ON) HOLDINGS CORP. | | 100 | % | | Canada |
| OLIVIA (ONTARIO) LLC | | 100 | % | | Delaware |
| OPH Storage 17 (FL) LLC | | 100 | % | | Delaware |
| Optical (CA) QRS 15-8, Inc. | | 100 | % | | Delaware |
| Orb (MO) QRS 12-56, Inc. | | 100 | % | | Delaware |
| Orlando Storage 17 (FL) LLC | | 100 | % | | Delaware |
| OSCAR (IL) LLC | | 100 | % | | Delaware |
| ØAV 88 AS | | 100 | % | | Norway |
| OTC (MULTI) LLC | | 100 | % | | Delaware |
| OTC RX Holdings ULC | | 100 | % | | Canada |
| OTC RX Nominee CORP. | | 100 | % | | Canada |
| OTC RX (ONTARIO) LLC | | 100 | % | | Delaware |
| OUI CHEF (MULTI) GP LLC | | 100 | % | | Delaware |
| OUI CHEF (MULTI) LP | | 100 | % | | Delaware |
| Overtape (CA) QRS 15-14, Inc. | | 100 | % | | Delaware |
| OX (AL) LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| OX-GP (AL) QRS 15-15, Inc. | | 100 | % | | Delaware |
| Pacpress (IL-MI) QRS 16-114, Inc. | | 100 | % | | Delaware |
| Pallet (FRA) SARL | | 100 | % | | France |
| Palm Bay Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Panama Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Panel (UK) QRS 14-54, Inc. | | 100 | % | | Delaware |
| Paper Limited Liability Company | | 100 | % | | Delaware |
| Parts (DE) QRS 14-90, Inc. | | 100 | % | | Delaware |
| PDC Industrial Center 83 Sp. z o.o. | | 100 | % | | Poland |
| Pem (MN) QRS 15-39, Inc. | | 100 | % | | Delaware |
| Pend (WI) LLC | | 100 | % | | Delaware |
| Pend II (OH-IN) LLC | | 100 | % | | Delaware |
| PERFECT STORM (UT) LLC | | 100 | % | | Delaware |
| PET(TX)GP QRS 11-62, INC. | | 100 | % | | Delaware |
| Pet(TX) LP | | 100 | % | | Delaware |
| Pet(TX) Trust | | 100 | % | | Maryland |
| Pewaukee Development, LLC | | 100 | % | | Wisconsin |
| PG (Multi-16) L.P. | | 100 | % | | Delaware |
| PG (Multi-16) QRS 16-7, Inc. | | 100 | % | | Delaware |
| PG (Multi-16) Trust | | 100 | % | | Maryland |
| PG-Ben (CAN) QRS 16-9, Inc. | | 100 | % | | Delaware |
| PG-Nom (Alberta), Inc. | | 100 | % | | Canada |
| PILDRAX INVEST, S.L. | | 90 | % | | Spain |
| Pipe Portfolio GP LLC | | 100 | % | | Delaware |
| Pipe Portfolio Owner (Multi) LP | | 100 | % | | Delaware |
| Plants (Sweden) QRS 16-13, Inc. | | 100 | % | | Delaware |
| Plants Shareholder (Sweden) QRS 16-15, Inc. | | 100 | % | | Delaware |
| Plastic (DE) Limited Partnership | | 100 | % | | Delaware |
| Plastic (DE) QRS 15-56, Inc. | | 100 | % | | Delaware |
| Plastic (DE) Trust | | 100 | % | | Maryland |
| Plastic II (IL) LLC | | 100 | % | | Delaware |
| Plastic II (IL) QRS 16-27, Inc. | | 100 | % | | Delaware |
| Plastix (WI) LLC | | 100 | % | | Delaware |
| Plates (DE) QRS 14-63, Inc. | | 100 | % | | Delaware |
| Pleasant Hill GL 18 (FL) LLC | | 100 | % | | Delaware |
| Pleasant Hill Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Pliers (DE) Trust | | 100 | % | | Maryland |
| Plum (DE) QRS 15-67, Inc. | | 100 | % | | Delaware |
| Pol (NC) QRS 15-25, Inc. | | 100 | % | | Delaware |
| Pold (GER) QRS 16-133 LLC | | 100 | % | | Delaware |
| Pole Landlord (LA-TX) LLC | | 100 | % | | Delaware |
| Polkinvest Sprl | | 100 | % | | Belgium |
| Poly (Multi) Limited Partnership | | 100 | % | | Delaware |
| Poly GP (Multi) QRS 16-35, Inc. | | 100 | % | | Delaware |
| Poly LP (MD) Trust | | 100 | % | | Maryland |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Pompano Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Popcorn (TX) QRS 14-43, Inc. | | 100 | % | | Delaware |
| Portland Storage 18 (OR) LLC | | 100 | % | | Delaware |
| PRA (OH) LLC | | 100 | % | | Delaware |
| Primo (MS) QRS 16-94, Inc. | | 100 | % | | Delaware |
| Print (WI) QRS 12-40, Inc. | | 100 | % | | Wisconsin |
| Projector (FL) QRS 14-45, Inc. | | 100 | % | | Delaware |
| Pump (MO) QRS 14-52, Inc. | | 100 | % | | Delaware |
| PWE (Multi) QRS 14-85, Inc. | | 100 | % | | Delaware |
| QRS 10-1 (ILL), Inc. | | 100 | % | | Illinois |
| QRS 10-18 (FL), LLC | | 100 | % | | Delaware |
| QRS 11-2 (AR), LLC | | 100 | % | | Delaware |
| QS ARK (DE) QRS 15-38, Inc. | | 100 | % | | Delaware |
| RACO (AZ) LLC | | 100 | % | | Delaware |
| RACO TWO (AZ) LLC | | 100 | % | | Delaware |
| Rails (UK) QRS 15-54, Inc. | | 100 | % | | Delaware |
| Randolph/Clinton Limited Partnership | | 100 | % | | Delaware |
| Rankin Storage 18 (TX) LLC | | 100 | % | | Delaware |
| Rankin Storage Owner 18 (TX) LP | | 100 | % | | Delaware |
| REDEALER (NJ-PA) LLC | | 100 | % | | Delaware |
| Redrock Storage 18 (NV) LLC | | 100 | % | | Delaware |
| Rehoboth Storage 18 (DE) LLC | | 100 | % | | Delaware |
| REIT Brickan AB | | 100 | % | | Sweden |
| RI(CA) QRS 12-59, Inc. | | 100 | % | | Delaware |
| RII (CA) QRS 15-2, Inc. | | 100 | % | | Delaware |
| Ring Spin (GA) LLC | | 100 | % | | Delaware |
| RRD (IL) LLC | | 100 | % | | Delaware |
| Rubbertex (TX) QRS 16-68, Inc. | | 100 | % | | Delaware |
| Rush It LLC | | 100 | % | | Delaware |
| SAB (IA) LLC | | 100 | % | | Delaware |
| SALE-LEAFBACK (MN) LLC | | 100 | % | | Delaware |
| Salted Peanuts (LA) QRS 15-13, LLC | | 100 | % | | Delaware |
| SBOP INVESTOR LLC | | 100 | % | | Delaware |
| SBPROP INVESTOR LLC | | 100 | % | | Delaware |
| SCHNEI-ELEC (MA) LLC | | 100 | % | | Delaware |
| Sealtex (DE) QRS 16-69, Inc. | | 100 | % | | Delaware |
| Sebastian Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Sekeslog 17 UAB | | 100 | % | | Lithuania |
| SF(TX)GP QRS 11-61, INC. | | 100 | % | | Delaware |
| SF(TX) LP | | 100 | % | | Delaware |
| SF(TX) Trust | | 100 | % | | Maryland |
| SFC (TN) QRS 11-21, Inc. | | 100 | % | | Tennessee |
| SFCO (GA) QRS 16-127, INC. | | 100 | % | | Delaware |
| SFT INS (TX) LLC | | 100 | % | | Delaware |
| Shaq (DE) QRS 15-75, Inc. | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Shep (KS-OK) QRS 16-113, Inc. | | 100 | % | | Delaware |
| SHOTS-ORL (FL) LLC | | 100 | % | | Delaware |
| Shovel Management GmbH | | 100 | % | | Germany |
| SINGLE USE (MULTI) LLC | | 100 | % | | Delaware |
| Sixth Sense GP (NC) LLC | | 100 | % | | Delaware |
| Sixth Sense (NC) LP | | 100 | % | | Delaware |
| SM(NY) QRS 14-93, Inc. | | 100 | % | | Delaware |
| Smalvollveien 65 Eiendom AS | | 91 | % | | Norway |
| Smalvollvn 65 ANS | | 91 | % | | Norway |
| SNAP INTO (IN) LLC | | 100 | % | | Delaware |
| SP Label (TN) LLC | | 100 | % | | Delaware |
| SPARE ME (MULTI) LLC | | 100 | % | | Delaware |
| Sparky's Storage 18 (CA) LP | | 100 | % | | Delaware |
| Sparky's Storage GP 18 (CA) LLC | | 100 | % | | Delaware |
| Speed (NC) QRS 14-70, Inc. | | 100 | % | | Delaware |
| Spencer Storage 18 (MO) LLC | | 100 | % | | Delaware |
| ST(TX)GP QRS 11-63, INC. | | 100 | % | | Delaware |
| ST(TX) LP | | 100 | % | | Delaware |
| ST(TX) Trust | | 100 | % | | Maryland |
| State Road Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Steely Dan (WI) LLC | | 100 | % | | Delaware |
| STOCKSANDEN, S.L. | | 100 | % | | Spain |
| Stone Cold (CA) LP | | 100 | % | | Delaware |
| Stone Cold GP (CA) LLC | | 100 | % | | Delaware |
| Stone Oak 17 (TX) LLC | | 100 | % | | Delaware |
| Storage 18 ES Account (DE) LLC | | 100 | % | | Delaware |
| Stor-Move UH 14 Business Trust | | 100 | % | | Massachusetts |
| Stor-Move UH 15 Business Trust | | 100 | % | | Massachusetts |
| Stor-Move UH 16 Business Trust | | 100 | % | | Massachusetts |
| Stradella Sp. z o.o. | | 100 | % | | Poland |
| STRUCK OIL (MULTI) LLC | | 100 | % | | Delaware |
| Sun (SC) QRS 12-68, Inc. | | 100 | % | | Delaware |
| Sunpro (KY) LLC | | 100 | % | | Delaware |
| Suspension (DE) QRS 15-1, Inc. | | 100 | % | | Delaware |
| SW Chicago Storage 18 (IL) LLC | | 100 | % | | Delaware |
| Tallahassee Storage 18 (FL) LLC | | 100 | % | | Delaware |
| TASTY KALE (UT) LLC | | 100 | % | | Delaware |
| TDG Cold 17-14 B.V. | | 100 | % | | Netherlands |
| Tech (GER) 17-1 B.V. | | 100 | % | | Netherlands |
| Tech (GER) QRS 16-144, Inc. | | 100 | % | | Delaware |
| Tech Landlord (GER) LLC | | 100 | % | | Delaware |
| Teeth Finance (Finland) QRS 16-106, Inc. | | 100 | % | | Delaware |
| Teeth Landlord (Finland) LLC | | 100 | % | | Delaware |
| Teeth Member (Finland) QRS 16-107, Inc. | | 100 | % | | Delaware |
| Telegraph (MO) LLC | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| Telegraph Manager (MO) WPC, Inc. | | 100 | % | | Delaware |
| Temecula Storage 18 (CA) LP | | 100 | % | | Delaware |
| Temecula Storage GP 18 (CA) LLC | | 100 | % | | Delaware |
| TENACIOUS HOLDINGS ULC | | 100 | % | | Canada |
| TENACIOUS NOMINEE CORP. | | 100 | % | | Canada |
| Tenacious WPC (Multi) LLC | | 100 | % | | Delaware |
| Terrier (AZ) QRS 14-78, Inc. | | 100 | % | | Delaware |
| Tfarma (CO) QRS 16-93, Inc. | | 100 | % | | Delaware |
| THAT'S A WRAP (WI) LLC | | 100 | % | | Delaware |
| Third Avenue Self Storage NYC, LLC | | 100 | % | | Delaware |
| Three Aircraft Seats (DE) Limited Partnership | | 100 | % | | Delaware |
| THREE AMIGOS (US MULTI) LLC | | 100 | % | | Delaware |
| Three Cabin Seats (DE) LLC | | 100 | % | | Delaware |
| TICKTOCK (TX-PA) LLC | | 100 | % | | Delaware |
| Tissue SARL | | 100 | % | | France |
| Toner (DE) QRS 14-96, Inc. | | 100 | % | | Delaware |
| Toolbelt (PA-SC) LLC | | 100 | % | | Delaware |
| Toolbox (MX) LLC | | 100 | % | | Delaware |
| TOOL TIME (WV) LLC | | 100 | % | | Delaware |
| TOOTH FAIRY (IL) LLC | | 100 | % | | Delaware |
| Tower (DE) QRS 14-89, Inc. | | 100 | % | | Delaware |
| Tower 14 (DE) | | 100 | % | | Maryland |
| Townline Storage 17 (IL) LLC | | 100 | % | | Delaware |
| Toys (NE) QRS 15-74, Inc. | | 100 | % | | Delaware |
| Trinity UK Holding II Limited | | 100 | % | | United Kingdom |
| Trinity WPC (Manchester) Limited | | 100 | % | | United Kingdom |
| Trinity WPC (UK) Limited | | 100 | % | | United Kingdom |
| Trinity WPC (UK) LLC | | 100 | % | | Delaware |
| TRUCKIN' (IL) LLC | | 100 | % | | Delaware |
| Truth (MN) LLC | | 100 | % | | Delaware |
| Trucks (France) SARL | | 100 | % | | France |
| TR-VSS (MI) QRS 16-90, Inc. | | 100 | % | | Delaware |
| TSO-Hungary Kft. | | 100 | % | | Hungary |
| Turbo Headquarters (TX) LLC | | 100 | % | | Delaware |
| Two Notch Storage 18 (SC) LLC | | 100 | % | | Delaware |
| UH Storage (DE) Limited Partnership | | 100 | % | | Delaware |
| UH Storage GP (DE) QRS 15-50, Inc. | | 100 | % | | Delaware |
| UK Panel LLC | | 100 | % | | Delaware |
| Under Pressure (Multi) LLC | | 100 | % | | Delaware |
| Uni-Tech (CA) QRS 15-64, Inc. | | 100 | % | | Delaware |
| Uni-Tech (PA) QRS 15-51, Inc. | | 100 | % | | Delaware |
| Uni-Tech (PA) QRS 15-63, Inc. | | 100 | % | | Delaware |
| Uni-Tech (PA) Trust | | 100 | % | | Maryland |
| Uni-Tech (PA), L.P. | | 100 | % | | Delaware |
| URubber (TX) Limited Partnership | | 100 | % | | Delaware |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| USHOLL (MI) LLC | | 100 | % | | Delaware |
| USO Landlord (TX) LLC | | 100 | % | | Delaware |
| UTI-SAC (CA) QRS 16-34, Inc. | | 100 | % | | Delaware |
| Valrico Storage 18 (FL) LLC | | 100 | % | | Delaware |
| Vellam Investments sp z o.o. | | 100 | % | | Poland |
| Venice (CA) LP | | 100 | % | | Delaware |
| Veritas Group IX - NYC, LLC | | 100 | % | | Delaware |
| Vinyl (DE) QRS 14-71, Inc. | | 100 | % | | Delaware |
| VIPER 63 (NV) LLC | | 100 | % | | Delaware |
| VIPER LB 63 (NV) LLC | | 100 | % | | Delaware |
| VIPER LENDER 63 (NV) LLC | | 100 | % | | Delaware |
| W. P. Carey & Co. B.V. | | 100 | % | | Netherlands |
| W.P. Carey & Co. Limited | | 100 | % | | United Kingdom |
| W. P. Carey International LLC | | 100 | % | | Delaware |
| W. P. Carey Management LLC | | 100 | % | | Delaware |
| W. P. Carey Property Investor LLC | | 100 | % | | Delaware |
| Wadd-II (TN) LP | | 100 | % | | Delaware |
| Wadd-II General Partner (TN) QRS 15-19, INC. | | 100 | % | | Delaware |
| Wallers (Multi) LLC | | 100 | % | | Delaware |
| Wals (IN) LLC | | 100 | % | | Delaware |
| Weg (GER) QRS 15-83, Inc. | | 100 | % | | Delaware |
| Wegell GmbH & Co. KG | | 100 | % | | Germany |
| Wegell Verwaltungs GmbH | | 100 | % | | Germany |
| West Farms Self Storage NYC Mezz, LLC | | 100 | % | | Delaware |
| West Farms Self Storage NYC, LLC | | 100 | % | | Delaware |
| WGN (GER) LLC | | 100 | % | | Delaware |
| WGN 15 Holdco (GER) QRS 15-98, Inc. | | 100 | % | | Delaware |
| WGN 15 Member (GER) QRS 15-99, Inc. | | 100 | % | | Delaware |
| WGS (Multi) LLC | | 100 | % | | Delaware |
| Wheeler Dealer 17 Multi, LLC | | 100 | % | | Delaware |
| Wheeler Mezzanine JV (DE) LLC | | 100 | % | | Delaware |
| WILLFA (IL) LLC | | 100 | % | | Delaware |
| Willow Festival Annex Property Owners Association | | 100 | % | | Illinois |
| WILSON NEIGHBOR (IL) LLC | | 100 | % | | Delaware |
| Windough (DE) LP | | 100 | % | | Delaware |
| Windough Lot (DE) LP | | 100 | % | | Delaware |
| Wlgrn (NV) LLC | | 100 | % | | Delaware |
| Wolv (DE) Limited Partnership | | 100 | % | | Delaware |
| Wolv Trust, a Maryland Business Trust | | 100 | % | | Maryland |
| Work (GER) QRS 16-117, Inc. | | 100 | % | | Delaware |
| WPC 17 Green Sp. z o. o. | | 100 | % | | Poland |
| WPC 17 Polk Sp. z o.o. | | 100 | % | | Poland |
| WPC Agro I 17-13 B.V. | | 100 | % | | Netherlands |
| WPC Agro II 17-17 B.V. | | 100 | % | | Netherlands |
| WPC AX Sp. z o.o. | | 100 | % | | Poland |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| WPC Barca 18-22 B.V. | | 90 | % | | Netherlands |
| WPC BILLBOARD LENDER LLC | | 100 | % | | Delaware |
| WPC Boavista 18-27 B.V. | | 90 | % | | Netherlands |
| WPC CM6-Hotel Manager, LLC | | 100 | % | | Delaware |
| WPC Coimbra 18-21 B.V. | | 90 | % | | Netherlands |
| WPC Crown Colony (MA) LLC | | 100 | % | | Delaware |
| WPC Cube Czech s.r.o. | | 100 | % | | Czech Republic |
| WPC Deville Denmark ApS | | 100 | % | | Denmark |
| WPC DF Denmark ApS | | 100 | % | | Denmark |
| WPC DF III Denmark ApS | | 100 | % | | Denmark |
| WPC DISPLAY OWNER (MULTI) LLC | | 100 | % | | Delaware |
| WPC Drunen 17-27 B.V. | | 100 | % | | Netherlands |
| WPC Eurobond B.V. | | 100 | % | | Netherlands |
| WPC EXCH BUYERSBURG (IN) LLC | | 100 | % | | Delaware |
| WPC EXCH Morrisville Landlord (NC) LLC | | 100 | % | | Delaware |
| WPC Exch Sublandlord (DE) LLC | | 100 | % | | Delaware |
| WPC Fau Czech sro | | 100 | % | | Czech Republic |
| WPC FINANCING GP INC. | | 100 | % | | Delaware |
| WPC FINANCING LP | | 100 | % | | Delaware |
| WPC FM Czech s.r.o. | | 100 | % | | Czech Republic |
| WPC FM Slovakia s.r.o. | | 100 | % | | Slovakia |
| WPC FriesCamp 17-30 B.V. | | 100 | % | | Netherlands |
| WPC Gam Holding B.V. | | 100 | % | | Netherlands |
| WPC GELSENKIRCHEN 17-33 B.V. | | 100 | % | | Netherlands |
| WPC GP LLC | | 100 | % | | Maryland |
| WPC Granada II 18-20 B.V. | | 90 | % | | Netherlands |
| WPC Hamburg 18-12 B.V. | | 100 | % | | Netherlands |
| WPC Holdco LLC | | 100 | % | | Maryland |
| WPC Hornbachplatz 1 GmbH | | 100 | % | | Austria |
| WPC Infin 18 GmbH & Co. KG | | 100 | % | | Germany |
| WPC Infin 18 Verwaltungs GmbH | | 100 | % | | Germany |
| WPC Infin 18-4 B.V. | | 100 | % | | Netherlands |
| WPC International Holding and Financing LLC | | 100 | % | | Delaware |
| WPC International Holding LP | | 100 | % | | Delaware |
| WPC Jumb 17-19 B.V. | | 100 | % | | Netherlands |
| WPC KEN SCI | | 100 | % | | France |
| WPC LER SCI | | 100 | % | | France |
| WPC Lipowy Sp. z o.o. | | 100 | % | | Poland |
| WPC Leo 17-38 B.V. | | 100 | % | | Netherlands |
| WPC MAN Denmark ApS | | 100 | % | | Denmark |
| WPC MAN-Strasse 1 GmbH | | 100 | % | | Austria |
| WPC Meru SCI | | 100 | % | | France |
| WPC NatExp 17-9 B.V. | | 100 | % | | Netherlands |
| WPC Noki Sp. z o.o. | | 100 | % | | Poland |
| WPC Pan-European Holding Cooperatief U.A. | | 100 | % | | Netherlands |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| WPC Pola Sp. z o.o. | | 100 | % | | Poland |
| WPC PR6 (CO) LLC | | 100 | % | | Delaware |
| WPC PR6 OPT (CO) LLC | | 100 | % | | Delaware |
| WPC QBE Manager, LLC | | 100 | % | | Delaware |
| WPC Rab 18-11 B.V. | | 100 | % | | Netherlands |
| WPC REIT ADMIR 8 B.V. | | 100 | % | | Netherlands |
| WPC REIT AXL 39 B.V. | | 100 | % | | Netherlands |
| WPC REIT Cargo 4 B.V. | | 100 | % | | Netherlands |
| WPC REIT DS 43 B.V. | | 100 | % | | Netherlands |
| WPC REIT Fau 42 B.V. | | 100 | % | | Netherlands |
| WPC REIT Financing B.V. | | 100 | % | | Netherlands |
| WPC REIT Gam 21 B.V. | | 100 | % | | Netherlands |
| WPC REIT Gam 22 B.V. | | 100 | % | | Netherlands |
| WPC REIT Gam 23 B.V. | | 100 | % | | Netherlands |
| WPC REIT Gam 24 B.V. | | 100 | % | | Netherlands |
| WPC REIT Gam 25 B.V. | | 100 | % | | Netherlands |
| WPC REIT HF Sp. z o.o. | | 100 | % | | Poland |
| WPC REIT INEEDATOW 47 B.V. | | 100 | % | | Netherlands |
| WPC REIT Kampen 29 B.V. | | 100 | % | | Netherlands |
| WPC REIT Kar 26 B.V. | | 100 | % | | Netherlands |
| WPC REIT MAN 16 B.V. | | 100 | % | | Netherlands |
| WPC REIT Merger Sub Inc. | | 100 | % | | Maryland |
| WPC REIT MX-AB 19 B.V. | | 100 | % | | Netherlands |
| WPC REIT MX-AB 37 TRS B.V. | | 100 | % | | Netherlands |
| WPC REIT NEWCO B.V. | | 100 | % | | Netherlands |
| WPC REIT Nipp 13 B.V. | | 100 | % | | Netherlands |
| WPC REIT Npow 17 B.V. | | 100 | % | | Netherlands |
| WPC REIT PD 12 B.V. | | 100 | % | | Netherlands |
| WPC REIT PeRo 40 B.V. | | 100 | % | | Netherlands |
| WPC REIT Rem (IT) Srl | | 100 | % | | Italy |
| WPC REIT Rock Sp. z o. o | | 100 | % | | Poland |
| WPC REIT Sant 5 B.V. | | 100 | % | | Netherlands |
| WPC REIT Son 30 B.V. | | 100 | % | | Netherlands |
| WPC REIT Son 31 B.V. | | 100 | % | | Netherlands |
| WPC REIT Son 32 B.V. | | 100 | % | | Netherlands |
| WPC REIT Son 33 B.V. | | 100 | % | | Netherlands |
| WPC REIT Son 34 B.V. | | 100 | % | | Netherlands |
| WPC REIT Ster 18 B.V. | | 100 | % | | Netherlands |
| WPC REIT Stretch 41 B.V. | | 100 | % | | Netherlands |
| WPC REIT TRS 27 B.V. | | 100 | % | | Netherlands |
| WPC REIT UP 46 B.V. | | 100 | % | | Netherlands |
| WPC REIT VAC 44 B.V. | | 100 | % | | Netherlands |
| WPC REIT Vert (BE) SRL | | 100 | % | | Belgium |
| WPC REIT VM 28 B.V. | | 100 | % | | Netherlands |
| WPC REIT VM (BE) B.V. | | 100 | % | | Belgium |
SUBSIDIARIES OF REGISTRANT (Continued)
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| WPC REIT VM II 48 B.V. | | 100 | % | | Netherlands |
| WPC REIT VM II (BE) SRL | | 100 | % | | Belgium |
| WPC REIT VM III (BE) S.A. | | 100 | % | | Belgium |
| WPC REIT Wait 45 B.V. | | 100 | % | | Netherlands |
| WPC Seville 18-28 B.V. | | 75 | % | | Netherlands |
| WPC Shaft (GER) LLC | | 100 | % | | Delaware |
| WPC Smalvollveien Holding AS | | 100 | % | | Norway |
| WPC Smalvollveien Purchaser AS | | 90 | % | | Norway |
| WPC Smucker Manager, LLC | | 100 | % | | Delaware |
| WPC Star Denmark ApS | | 100 | % | | Denmark |
| WPC Starbuilders Sweden AB | | 100 | % | | Sweden |
| WPC Storage TRS 18-1 (DE) Inc. | | 100 | % | | Delaware |
| WPC Swansea 18-24 B.V. | | 97 | % | | Netherlands |
| WPC Swansea Student Housing 18-33 B.V. | | 97 | % | | Netherlands |
| WPC Swansea TRS 18-32 B.V. | | 97 | % | | Netherlands |
| WPC Tesc 17-3 B.V. | | 100 | % | | Netherlands |
| WPC VM III 17-40 B.V. | | 100 | % | | Netherlands |
| WPC VUL SCI | | 100 | % | | France |
| WPC WGN 17-2 B.V. | | 100 | % | | Netherlands |
| WPC-CPA:18 Holdings, LLC | | 100 | % | | Delaware |
| Wrench (DE) Limited Partnership | | 100 | % | | Delaware |
| Wrench (DE) QRS 15-31, Inc. | | 100 | % | | Delaware |
| Wrench (DE) Trust | | 100 | % | | Maryland |
| Wyckoff Self Storage NYC Mezz, LLC | | 100 | % | | Delaware |
| Wyckoff Self Storage NYC, LLC | | 100 | % | | Delaware |
| XPD (NJ) LLC | | 100 | % | | Delaware |
| XPD Member (NJ) QRS 16-12, Inc. | | 100 | % | | Delaware |
| You Scream (PA) LLC | | 100 | % | | Delaware |
| YOURE IT (TN) LLC | | 100 | % | | Delaware |
| Zerega Self Storage NYC Mezz, LLC | | 100 | % | | Delaware |
| Zerega Self Storage NYC, LLC | | 100 | % | | Delaware |
