Real estate developer Ziff Properties Inc. has acquired a self-storage facility in Taylors, S.C., for $3.5 million. The 12-acre Taylors Storage property at 3146 Wade Hampton Blvd., Suite C, comprises 43,000 square feet of climate-controlled space. Ziff plans to add 25,250 square feet of non-climate-controlled space in 265 units.
“Taylors Storage is an exciting addition to our rapidly expanding storage portfolio. The nearby established neighborhoods, industrial growth and storage demand made this acquisition an attractive investment,” said Christian Chamblee, chief operating officer and director of acquisitions for Ziff.
In December, Ziff purchased Absolute Storage in Simpsonville, S.C., for $4.5 million, intending to add 314 units to the property at 412 Scuffletown Road. The company also purchased the 52,000-square-foot Buncombe Plaza shopping center in Greenville, S.C., that month, with the intent to convert it to self-storage.
Based in Mount Pleasant, S.C., Ziff specializes in the acquisition, development and management of commercial properties in the Southeast. Founded in 1992 by Stephen Ziff, the company owns a portfolio including 3 million square feet of self-storage, shopping centers and office buildings.