The facility will be rebranded under the name of Compass Self Storage
September 3: Compass Self Storage is a member of Amsdell Companies, the company now operates national wide 83 locations and 16 locations in the state, has acquired Lake Warehouse & Storage in Tavares, Florida. According to a press release. The purchase was made by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC. The facility will be branded under the Compass name.
The Compass, which has more than 96,000 net rentable square feet of storage spaces planning to upgrade the facility with climate-controlled units and new access control. It will also offer moving and packing supplies, and truck rentals.
“The acquisition of this self-storage center broadens our footprint in the Central Florida market, where we have had a presence for several years. Our newest location will continue to offer our residential and commercial customers a one-stop shop for their moving, storing and packing needs” said Todd Amsdell, the president of Amsdell Cos.
Amsdell Cos has been active in several billions of dollars of real estate ventures, with a primary focus on self-storage. It has owned and operated more than 500 storage centers under various trade names in more than 27 states.