StoreRight Self Storage Acquires Fifth Facility in Florida for $3.1M

StoreRight Self Storage is expanding its presences in the Florida self-storage market with the purchase of a fifth facility in Vero Beach for about $3.1 million. The seller was Vero Stow-A-Way LLC.

StoreRight Self Storage is expanding its presences in the Florida self-storage market with the purchase of a fifth facility in Vero Beach for about $3.1 million. The seller was Vero Stow-A-Way LLC.

The facility has 62,000 square feet of rentable storage space and more than 500 climate- and non-climate-controlled units. It also offers RV and boat storage, Penske truck rental, indoor and drive-up storage, and an onsite manager.

Headquartered in Lakeland, StoreRight Self Storage launched two years ago. The company also has facilities in Brooksville, Lecanto, Ocala and Winter Haven. Mathew Clark, vice president of acquisitions, said StoreRight will continue growing with more acquisitions and hire new staff as needed. The company currently employs about 15 people.

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