Storage Pros Management LLC (SPM), a self-storage property-management firm based in Farmington Hills, Mich., has assumed management of two Spare Room facilities in Cedar Springs and Sparta, Mich. Totaling approximately 102,100 rentable square feet, the facilities offer small offices and outdoor parking spaces for rent in addition to self-storage. Under the new management, the sites will undergo technological and physical upgrades.
“We are enthusiastic about the opportunity to roll the operations of these two properties into our management platform, to implement expense control measures, extend office hours and engage in proactive marketing,” said Ian Burnstein, chief operating officer. “Both our client and SPM believe these properties have significant untapped potential.”
SPM manages 15 properties in Massachusetts, Michigan and Rhode Island. The facilities total approximately 870,000 rentable square feet, comprised of more than 7,200 units and 1,000 outdoor parking spaces for rent.