The property is the company’s third purchase
November 13, 2017: 10 Federal has acquired Superior Self Storage in Asheboro, N.C., with the intent to convert the facility to an unmanned, automated location.
The company also announced it’s nearing completion on the automation of its Chapel Hill South location. In addition to installing a suite of technologies, 10 Federal has paved the drive aisles, the release stated.
The company continues to look for acquisition opportunities and is finalizing agreements on two “off-market” transactions expected to grow its portfolio to five properties, officials said.