Storage Express Acquires Self-Storage Facility in Fort Wayne, IN

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Bloomington, Ind.-based Storage Express has acquired a self-storage property in Fort Wayne, Ind., the company’s first in the city. The 65,000-square-foot facility on St. Joe Center Road is off of I-69. The company plans to upgrade the site with new security and access-control features, a 24-hour rental center and other amenities.

Storage Express has been actively expanding in the Indianapolis-metro storage market. Recent acquisitions include Community Storage in January and Store N Lock in November, both of which are in Indianapolis. Overall, the company has added eight new locations to its portfolio in the past year. In 2013, it purchased D-V Storage in Anderson, Ind.; Palm Storage in Richmond, Ind.; and a three-property portfolio in Sidney, Ohio, from Lock-It-Up Storage.

Storage Express owns and operates more than 80 self-storage properties in Illinois, Indiana, Kentucky, Ohio and Tennessee.

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