Amsdell Storage Ventures I LLC and Compass Self Storage LLC acquired two self-storage facilities in Michigan. The facility at 160 W. Avon Road in Rochester Hills, Mich., was built in 2006. The other facility, at 40900 Grand River in Novi, Mich., was built in 2005.
Steve Hryszko, vice president for the CB Richard Ellis Self Storage Advisory Group, was the listing broker.
Amsdell Storage Ventures I LL C and Compass Self Storage LLC, are members of the Amsdell group of companies. Headquartered in Cleveland, the Amsdell Cos. draws its roots from the family-owned construction company founded in 1928 and have since been active in several billions of dollars worth of real estate ventures with a primary focus on self-storage.