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Moove In Self Storage Acquires Steele’s Storage in Lewistown, PA

April 3, 2018

1 Min Read
Moove In Self Storage Acquires Steele’s Storage in Lewistown, PA

Moove In Self Storage, which operates 22 locations in Maryland, New Jersey and Pennsylvania, has acquired Steele’s Storage in Lewistown, Pa. The property at 895 US-22 is in Mifflin County on the east side of the city, according to a press release. Built in 1984, the 6-acre site contains 11 buildings comprising 51,451 square feet of storage space in more than 370 drive-up and interior units. Features include electronic access, perimeter fencing, video cameras, and a retail center that sells moving and packing supplies.

“Expanding the Moove In portfolio into the Lewistown area made perfect sense for us. Our stores are located a few hours from our home office, and this new location is around an hour away,” said Dana Sinsheimer, district manager for Investment Real Estate Management LLC (IREM), which manages the Moove In portfolio. “This property was well-maintained and only needs some cosmetic work to make it fit our Moove In style. It will be exciting to see this one through the renovations and improvements, and be able to offer our new customers some added benefits they did not have previously.”

Earlier this year, Moove In purchased two existing facilities and a conversion-development site from B&S Self Storage in Douglassville and Pottstown, Pa. The projects are expected to add 140,000 rentable square feet to the company’s portfolio.

Founded in 1997, Moove In operates facilities in Baltimore County in Maryland; Berks, Huntingdon, Lancaster, Mifflin, Montgomery and York Counties in Pennsylvania; and Sussex County in New Jersey.

IREM is a branch of York, Pa.-based Investment Real Estate LLC, a property-management and consulting firm specializing in the self-storage industry. Since its inception in 1998, the company has provided brokerage, construction, development and management services to facility owners and investors.

 

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