Self-storage operator Storage Express purchased three facilities in Sidney, Ohio, from Lock-It-Up Storage. The portfolio includes 62,000 square feet of property and more than 500 storage units.
Storage Express plans to upgrade the facilities with new security components, personalized access-control features, automated 24-hour rental centers and other amenities common to its portfolio.
Headquartered in Bloomington, Ind., Storage Express owns and operates 79 self-storage properties across Illinois, Indiana, Kentucky, Ohio and Tennessee. The company opened four facilities in the past year. It is building in new markets and actively pursuing growth opportunities through acquisitions and real estate opportunities.
Found in 1982, Lock-It-Up is a privately-owned self-storage company with more than a dozen facilities in Ohio. The facilities offer truck rental, multiple storage services and packing services.