Real estate developer and owner Ziff Properties Inc. has acquired A Dent in the Attic Self Storage in Tallahassee, Fla. The property at 2420 Monticello Drive will be managed by self-storage real estate investment trust CubeSmart and branded under its name.
The facility comprises 51,000 rentable square feet of climate-controlled and drive-up storage. Ziff plans to add 4,500 square feet of climate-controlled units to the 2.6-acre site, according to a press release.
“We are extremely proud to join the Tallahassee community. Much of our recent company expansion has taken place in strong college markets,” said Christian Chamblee, chief operating officer and director of acquisitions for Ziff.
Ziff recently purchased the former Golden Burley Tobacco Warehouse in downtown Lexington, Ky., which it intends to convert to self-storage. The 3.5-acre property is just over a mile from the University of Kentucky. Once the renovation is complete, the facility will comprise 103,500 square feet of storage space.
Based in Mount Pleasant, S.C., Ziff specializes in the acquisition, development and management of commercial properties in the Southeast. Founded in 1992 by Stephen Ziff, the company owns a portfolio including 3 million square feet of self-storage, shopping centers and office buildings.