A self-storage facility acquired by The Hampshire Cos. last fall is now open for business. Lock and Leave in Cherry Hill, N.J., sold in a short sale to Hampshire Cos. in September. The facility was purchased from Rock Hill Road Associates LLC for an undisclosed price.
Until the acquisition, the 50,000-square-foot facility had remained unfinished since 2006. Situated on 2.6 acres, the facility has 439 climate-controlled and non-climate-controlled units. Its located near Route 70 and Interstate 295.
The sale was brokered by Supnick Real Estate Co., a full-service firm offering advisory and brokerage services to the self-storage industry.