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Stein Investment Group (SIG) acquires 2 Self-Storage Facilities and plans to develop another in Georgia

The company closed more than 6,100 transactions in the year 2014

May 12, 2015: SIG, an Atlanta-based private real estate investment firm, has acquired two self-storage facilities in Cumming and Roswell, Ga. The company plans to develop another facility in Marietta, GA, and the three investments will top roughly $75 million. Reports:

"We believe that a supply and demand imbalance exists within specific Atlanta submarkets and, therefore, see significant opportunity to build a self-storage portfolio," SIG partner Adam Sauer told the source. "The conditions for self-storage development are prime, with Wall Street considering this asset type as recession-resistant based on its performance in 2008.”

According to the source, the former Quality Storage facilities have been branded as the Space Shop Self Storage.

Stein Investment Group started functioning in the year 2013 with the development of three self storage facilities in the Atlanta area. It is actively looking for real estate acquisition opportunities in multi-family, office, residential, retail and self-storage throughout the Southeast.

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