CLEVELAND, March 28, 2014 /PRNewswire/ -- Compass Self Storage, a member of the Amsdell family of companies, proudly announces the purchase of a self storage property located at 2825 St. Johns Bluff Road in Jacksonville, FL. The new storage center represents nearly 60,000 net rentable square feet and will be operated by Compass Self Storage (www.compassselfstorage.com). This store will be the twelfth location operating under the Compass flag in Florida. This acquisition is the second that Amsdell has completed in just this past week. They purchased a storage center in Acworth, GA on March 25.
"We are pleased to enter the Jacksonville market and to provide top notch customer service to our new customers in the Jacksonville area," said Todd Amsdell, President. The facility offers drive up storage unit access, climate controlled units, wide aisles for easy access, digital surveillance, online payment options and a full line of moving and packing supplies. Company growth is projected to continue in 2014 with the acquisition and development of quality storage properties in select markets.
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 80 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.
- Mergers, Acquisitions & Takeovers
- Investment & Company Information
- self storage