Self-Storage Operator Lakewood Ranch Xpress Storage Buys Land in East Manatee, FL

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Lakewood Ranch Xpress Storage LLC purchased 3 acres of land in East Manatee, Fla., for $1.4 million. The land at 10415 Portal Crossing is just off State Route 64 and Upper Manatee River Road. It was valued at $665,082 in 2013, according to the Manatee County Property Appraiser. The seller, Portal Crossing RT 64 LLC, provided a $225,000 mortgage for the transaction, according to the source.

Lakewood Ranch Xpress Storage is registered to Steve Wilson, managing partner of Hide-Away Storage. Wilson opened the first Hide-Away Storage in Bradenton, Fla., in 1977. He’s a former president of the national Self Storage Association and was inducted into its hall of fame in 2010.

Headquartered in Sarasota, Hide-Away Storage owns 11 facilities in Southwest Florida. The company opened its first Xpress Storage in Sarasota, Fla., in 2010, and a second one in Parrish, Fla., in 2013.

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