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StorageMart Acquires Move It Self Storage in San Antonio

StorageMart, which operates more than 200 self-storage properties across Canada, the United Kingdom and the United States, has acquired Move It Self Storage in San Antonio. It’s the company’s fifth location in the area, according to a press release.

The property at 10930 Braun Road comprises more than 72,000 square feet of storage space in 500 climate-controlled and drive-up units as well as 23 vehicle-storage spaces. StorageMart plans to upgrade the site’s fencing and security as well as add a new lift gate.

“StorageMart is excited to add another store to our collection in the San Antonio area. We will continue to bring our easy, clean, friendly service to Helotes and San Antonio area,” said Cris Burnam, president.

StorageMart aims to grow its portfolio to more than 300 facilities by 2020. The company recently purchased Safe Place Mini Storage in Virginia Beach, Va., and Cornerstone Storage in Omaha, Neb.

The buyer and the seller were represented in the transaction by Bill Bellomy and Michael Johnson, brokers with commercial real estate firm Bellomy & Co. With offices in Atlanta, Houston, and Austin, Texas, the company focuses on the sale of self-storage, industrial, office and retail properties nationwide.

Founded in 1999 and based in Columbia, Mo., StorageMart is privately owned and operated by the Burnam Family, which has been in the storage industry for three generations. Its portfolio consists of more than 12 million square feet. It serves more than 75,000 self-storage customers, and operates in Chinese, English, Punjabi, Quebecois French and Spanish.

Move It is a privately owned company that acquires and manages self-storage facilities. Founded in 2013, it owns and operates 50 locations comprising 4 million square feet of storage in several states.

Source:
PR Newswire, StorageMart acquires a New Self Storage Facility in Helotes-San Antonio, Texas
Commercial Property Executive, StorageMart Buys 72 KSF Facility

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