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CEO of Self-Storage Firm Boardwalk Development Receives Entrepreneur Award

The CEO and founder of Boardwalk Development Group LLC, a private-equity investment company focused on self-storage, received a “2019 Top Entrepreneur Award” last month from the Atlanta chapter of TiE (The IndUS Entrepreneurs) Global, which supports entrepreneurs through funding, mentoring and networking. Rajen Sheth, who’s been with Boardwalk since 2015, and other winners were honored at “TiECON 2019: Built In Atlanta,” an annual conference for entrepreneurs and owners of small businesses, on Sept. 27. The event was held at the Crowne Plaza Atlanta Perimeter at Ravinia in Dunwoody, Ga., and hosted by the Atlanta CPA Alliance, a provider of accounting, consulting and tax services.

The TiE awards are based on a company’s culture, innovation, leadership, profitability, revenue growth and sustainability. To be considered, recipients must have been in business since 2015 and earned a minimum revenue of $2 million, but no more than $100 million, according to a press release.

“I am truly honored to be awarded TiE Atlanta’s ‘Top Entrepreneurs Award.’ I owe this award to the encouragement I received from my parents, the support of investors, many of whom are TiE charter members, and to the TiE Atlanta organization,” Sheth said. “Without TiE, I would never have had the guts to become an entrepreneur.”

Sheth has 15 years of experience as an owner and manager of commercial real estate assets. In 2007, he founded ValueSpace Storage Fund I, a self-storage investment fund focused on acquiring existing storage assets in Metro Atlanta. The brand was sold in 2015 to SecurCare Self Storage, a participating regional operator of National Storage Affiliates Trust, a self-administered and -managed real estate trust headquartered in Greenwood, Colo.

Sheth was also a founder and managing director of Insight Capital Management LLC where he was responsible for co-managing a value-oriented investment fund focused on investing in stocks of publicly held companies. Prior to that, he founded Infiniti Ventures LLC, a consulting, venture capital and mergers, and acquisitions advisory firm.

Sheth earned a bachelor’s degree from the University of Illinois and a master’s from the University of Southern California. He served on the board of the Georgia Self Storage Association for three years and is a member of the Real Estate Investment Advisory Council. He’s also a charter member of TiE Atlanta and served as its treasurer in 2007.

TiE Atlanta provides access to funding, educational programming and mentoring by local and global leaders. Since its founding in 1998, it has raised more than $1.5 billion in venture funding for Atlanta-based entrepreneurs who run public and private companies and have generated more than $2 billion from acquisitions. It’s also a top-five chapter of TiE Global, the world’s largest entrepreneur organization with more than 60 chapters in 20 countries and 10,000 members.

Boardwalk is a real estate development, acquisition and management firm based in Suwanee, Ga., a suburb of Atlanta. The company owns and operates Boardwalk Storage in the Southeast on behalf of its shareholders.

Source:
Boardwalk Development Group, Website

 

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