Compass Self Storage, a member of the Amsdell family of companies, has acquired two facilities in the Atlanta self-storage market. The company now operates 14 locations in the region and 79 nationwide. The purchases were made by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC, and will be rebranded under the Compass name, according to a press release.
The properties at 4365 Commerce Drive in Buford, Ga., and 282 E. Crogan St. in Lawrenceville, Ga., comprise a combined 178,000 net rentable square feet of storage space. Compass plans to upgrade the sites with climate-controlled units and new access control. The facilities will also offer moving and packing supplies, and truck rentals.
“The acquisition of these two self-storage centers broadens our ability to further serve the greater Atlanta market. We have been successful helping our customers throughout Atlanta for several years, and we are thrilled to extend that reach,” said Todd Amsdell, president. “Compass Self Storage will proudly offer our new customers top-notch product and customer service to make moving and storing both easy and convenient.”
Amsdell was represented in the transaction by J.L. “Chip” Mack III, a partner with real estate firm McWhirter Realty Partners LLC.
Headquartered in Cleveland, the Amsdell Cos. draws its roots from the family-owned construction company founded in 1928. Since its inception, the company has been active in several billions of dollars of real estate ventures, with a primary focus on self-storage. It has owned and operated more than 500 storage centers under various trade names in more than 27 states. It currently owns and operates properties in Florida, Georgia, Kentucky, Michigan, Mississippi, New Jersey, Ohio, Pennsylvania, Tennessee and Texas.