NitNeil Partners is a real estate investment firm that acquires and develops self-storage facilities
October 6, 2021: NitNeil Partners is assembling a new portfolio after selling 22 self-storage properties in August to real estate investment trust Life Storage Inc. NitNeil will target “high-growth markets across the Sun Belt,” with an initial push in six states and a portfolio comprising 700,000 square feet.
The company has two facilities already in operation. They are located at 410 W. South St. in Raleigh, North Carolina, and 16700 Ranch Road 620 in Round Rock, Texas. It also has three construction projects underway at 2312 Memorial Parkway, Huntsville, Alabama; 851 Isabella Lane, Smyrna, Tennessee; and 5636 Redan Road, Stone Mountain, Georgia. In addition, it has five projects in various planning phases.
NitNeil Partners based in Atlanta, focuses on self-storage acquisitions and development across the South. It has offices in Atlanta and Austin as well as Tampa Bay, Florida.