The property will be rebranded as Out O’ Space Storage, which has six Florida locations
May 25, 2017: Established in 2004 and based in Danbury, Conn., Athena Real Estate LLC, a real estate investment and advisory firm, has recently acquired Pack Rat Self Storage in North Charleston, S.C., through a company affiliate.
According to a press release, the property at 2170 Greenridge Road is a block from Rivers Avenue, a seven-lane highway, and near multi-family residential, colleges and businesses. It comprises 45,700 square feet of storage space in 400 climate-controlled and drive-up units as well as a retail store that sells moving and packing supplies.
“We are extremely excited and pleased with this acquisition, which is in a wonderful location. This property is a great addition to our growing portfolio of self-storage facilities,” said Richard J. O'Brien, CEO and founder. “Out O’ Space Storage, North Charleston, is the first of many acquisitions to come in Charleston and South Carolina, which should add to our growing Southeast portfolio.”
Athena Real Estate focuses on specialty collateral properties, including RV parks, manufactured-housing communities and self-storage. It currently operates 18 commercial properties, mainly in Florida.