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Compass Self Storage Makes Ninth Acquisition Since Start Of 2017 With Purchase Of Self Storage Center In McKinney, TX

Compass Self Storage Makes Ninth Acquisition Since Start Of 2017 With Purchase Of Self Storage Center In McKinney, TX

PR Newswire

CLEVELAND, May 18, 2017 /PRNewswire/ — Compass Self Storage, a member of the Amsdell family of companies, proudly announces the acquisition of a self storage center located at 9696 Virginia Parkway in McKinney, TX. With the addition of this property, Compass Self Storage has six locations in the Greater Dallas/Ft. Worth market. This transaction marks the company’s ninth acquisition since January 1, 2017 and also takes their total number of self storage centers to 78 locations nationally.


The newest Compass Self Storage (www.compassselfstorage.com) center offers over 124,000 net rentable square feet. It features covered RV/boat storage spaces, climate controlled units and convenient drive up units. It also offers a full line of moving and packing supplies and truck rental to make it a one-stop solution for anyone moving their home or business. Physical upgrades to the property that are planned include state-of-the-art security and surveillance systems and individual digital customer access control. There will also be a major remodel in the rental office to provide for more retail space and a large project to pave the property is planned.

“The addition of this storage center fits well with our footprint in the greater Dallas market. We look forward to enhancing the customer experience at this property by making upgrades to customer access, security and offerings to make the moving and storing process easier,” stated Todd Amsdell, President.

The above-mentioned acquisition was made by separate affiliates of Amsdell Group, LLC and Compass Self Storage, LLC. The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH. Amsdell draws its roots from the family owned construction company founded in 1928 and has since been active in several billions of dollars worth of real estate ventures with a primary focus on self storage. As industry pioneers, Amsdell has owned and operated over 500 storage centers under various trade names in over 27 states. With over 85 years of doing business, the Amsdell team has extensive experience in property acquisition, construction and property management. Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information.

Contact: Todd Amsdell
President
tca@amsdellcompanies.com
216.458.0670

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/compass-self-storage-makes-ninth-acquisition-since-start-of-2017-with-purchase-of-self-storage-center-in-mckinney-tx-300460196.html

SOURCE Compass Self Storage

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