Valley Storage Co., which operates 28 self-storage facilities in six eastern states, has purchased the five-property L&H/AAAA portfolio in West Virginia. The acquisition adds 269,000 square feet of rental space to the company’s portfolio, according to a press release.
The purchase includes three sites in Martinsburg, at 2054 Williamsport Pike and 78 Delia Way as well as an annex property at 2848 Winchester Ave. It also includes 6610 Winchester Ave. in Inwood and 1744 Shepherd Grade Road in Shepherdstown. The new Williamsport Pike location will be operated from Valley’s existing facility at 2006 Williamsport Pike. All will be rebranded as Valley Storage and managed by Storage Asset Management Inc., a York, Pa., property-management and consulting company.
“We are looking forward to increasing our presence in the Martinsburg market, and to continue bringing our high standard of customer service to residents in West Virginia,” said Todd Snook, who owns Valley with his wife, Tina.
Based in Hagerstown, Md., Valley opened its first self-storage location in Williamsport, Md., in 1986. It currently owns more than 1.5 million square feet of storage space in Maryland, Ohio, North Carolina, Pennsylvania, Virginia and West Virginia.