Amsdell Cos. Expands Self-Storage Portfolio With Tampa, Fla., Facility

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Compass Self Storage LLC, a member of the Amsdell family of companies, recently purchased a self-storage facility in Tampa, Fla. Located at 14529 Bruce B. Downs Blvd., the property comprises more than 45,000 square feet of net rentable space.

Expanding the company’s presence in Southwest Florida, the Tampa acquisition was Amsdell’s 12th of the summer. The company entered the Cincinnati market in June with the purchase of a five-property portfolio. In July, it purchased five facilities in the greater Memphis area. The 11th purchase was made in Neptune, N.J., in August. The purchases were made by separate affiliates of Amsdell Group LLC and Compass Self Storage.

"It's great to expand our presence in the Tampa Market with this acquisition," said Tom Amsdell, president of Amsdell Group. "We look forward to continuing to provide top-notch storage solutions and services to our current and future customers."

Based in Cleveland, Amsdell Cos. draws its roots from the family-owned construction company founded in 1928. It has since been active in several billion dollars or real estate ventures, with a primary focus on self-storage. The company has owned and operated more than 500 self-storage facilities under various trade names in more than 27 states.

Compass operates facilities throughout Florida, Kentucky, Michigan, Mississippi, New Jersey, Ohio, Pennsylvania and Tennessee.

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