The self storage property has 45,530 square feet of storage space
December 19, 2106: Ziff Properties, which specializes in shopping centers and other multi-tenant commercial real estate, has recently acquired Absolute Storage in Simpsonville, SC for $4.5 million from Absolute Storage LLC, a locally owned business.
“This marks our sixth self-storage acquisition in South Carolina’s upstate,” said Christian Chamblee, chief operations officer and director of acquisitions for Ziff. “We are excited to set our expansion plans into motion and provide Simpsonville with another class-A storage option.”
Ziff plans to add 23,175 square feet of storage in 314 new units. Once complete, the property will contain 627 units.
Earlier this month, Ziff acquired the 52,000-square-foot Buncombe Plaza shopping center in Greenville, S.C., with the intent to convert it to self-storage
. Construction is expected to begin in the spring.