Find Local Storage

 
StorageMart Acquires a Property in Melbourne, Fla
StorageMart operates more than 200 self-storage properties across Canada, UK and USA

April 20, 2021: StorageMart, which operates more than 200 self-storage properties across Canada, the United Kingdom and the United States, has acquired a property in Melbourne, Fla., that was managed by self-storage REIT CubeSmart.

The facility located at 1060 Polo Drive contains six buildings comprising 71,665 rentable square feet in 698 units. Built in 2005 on 3.85 acres, it was acquired by an affiliate of The Storage Investment Group LLC (SIG) in February 2019, with an expansion completed in June 2020.

SIG is a Philadelphia-based private-equity development and investment firm.


Source: https://www.insideselfstorage.com/acquisitionsbuying/self-storage-real-estate-acquisitions-and-sales-april-2021