The new facility will be renamed as Compass name
February 8, 2016:
Compass Self Storage, a member of the Amsdell family of companies, announces the acquisition a self storage facility in Taunton, Mass., that was previously managed by CubeSmart, a publicly traded self-storage
real estate investment trust and third-party management firm.
"We believe the improvements we have planned for this Compass Self Storage location will deliver an upgraded customer experience as we provide a convenient, one-stop shop for the moving and storage needs of the residents of this area," said Todd Amsdell, president.
Renovations are underway for the facility, which comprises more than 44,000 net rentable square feet of storage space. Compass plans to add a new rental office and elevator as well as an upgraded security system. Property amenities include climate control, electronic access, vehicle storage, truck rental, and a retail center selling moving and packing supplies.
Based in Cleveland, the Amsdell Cos. draws its roots from the family-owned construction company established in 1928. Since its inception, the company has been active in several billions of dollars of real estate ventures, with a primary focus on self-storage.
Currently Amsdell Cos owns and operates properties in various locations such as Florida, Georgia, Kentucky, Michigan, Mississippi, New Jersey, Ohio, Pennsylvania, Tennessee and Texas. It has owned and operated more than 500 storage centers under various trade names in more than 27 states.