The company operate 2 million square feet of self-storage space in Michigan and Ohio
February 19, 2019: Self-storage operator Pogoda Cos has launched an “aggressive growth campaign” to expand its existing portfolio in Michigan and Ohio and possibly other states. The initiative of the campaign is from the newly hired director of acquisitions Adam Pogoda. Since January, the company has closed on one property and has multiple deals under contract that are expected to close during the first half of the year.
Adam Pogoda joins the firm from New York City-based private-equity real estate company East End Capital. He specializes in structuring deals, discovering value-add potential within properties and finding operational deficiencies.
“The strong reputation built by Pogoda Cos. over the last 30 years has given me the platform and network to put my 10-plus years of experience in real estate to work in identifying and sourcing strategic acquisition targets. We are well-positioned to take advantage of the more favorable pricing that we have been seeing in the market, and we have been making aggressive, all-cash offers, which have served us well in getting sellers’ attention and giving us a competitive advantage.” Said by Adam Pogoda.
Farmington Hills, Michigan based Pogoda Cos provides brokerage, consulting, investment and management services to the self-storage industry through Pogoda Group Inc. and Pogoda Management Co.