Safeguard Self Storage recently acquired its 22nd location in the New York City metropolitan self-storage market. The facility, 950 Broadway in Thornwood Village, encompasses 32,760 leasable square feet with 358 storage units in a variety of sizes. Amenities include climate-controlled units, drive-up loading area and video cameras. The Thornwood store team will be led by facility manager Georgi Turer and Daniel Dorado, assistant manager.
Safeguard completed the acquisition in 47 days from execution of the contract to closing. "The high quality of this store, matching Safeguard's superior portfolio, made completion of the acquisition easier than expected," said Michael Frosaker, senior vice president of asset management. Frosaker and James Goonan, senior vice president of development, led the effort to acquire the facility.
Headquartered in Atlanta, Safeguard Self Storage was founded in 1989 and today operates more than 60 facilities in Florida, Illinois, Louisiana, New Jersey, New York and Pennsylvania. The company is owned and operated by Morgan Stanley’s Prime Property Fund.