The properties were acquired by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC
January 16, 2017: A member of the Amsdell family of companies, Compass Self Storage has acquired a three-property portfolio in the greater Raleigh, North Carolina area. Combined, the facilities have over 265,000 net rentable square feet of storage space.
The properties are:
•1301 Parkway Drive, Goldsboro, North Carolina
•206 N. Berkeley Blvd., Goldsboro, North Carolina
•1401 Wendell Blvd., Wendell, North Carolina
Each site offers truck rentals as well as a retail center that sells moving and packing supplies. Compass plans to make physical improvements to each site, including upgrading the security systems, according to a press release.
"We are proud to bring Compass Self Storage to the Raleigh, N.C., market and offer our customers additional peace of mind and convenience with our upgraded services. We look forward to being the one-stop-shop for the moving and storage needs in this market," said Todd Amsdell, president.
Amsdell was represented in the real estate transaction by J.L. "Chip" Mack III of McWhirter Realty Partners LLC, a commercial real estate firm.
Based in Cleveland, the Amsdell Cos. draws its roots from the family-owned construction company founded in 1928. Since its inception, the company has been active in several billions of dollars of real estate ventures, with a primary focus on self-storage