Compass Self Storage, a member of the Amsdell family of companies, has purchased a self-storage facility in Ferandina Beach, Fla. The company now operates 14 stores in the state. The property at 2641 Bailey Road was purchased by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC and will be rebranded under the Compass name.
The property comprises more than 68,000 net rentable square feet of storage space. Features include climate control, video cameras, electronic access, and a retail center that offers moving and packing supplies. Truck rental will also be available.
"We are proud to expand our footprint in the greater Jacksonville market. We are committed to providing top-notch service to area residents and businesses who are moving and storing," said Todd Amsdell, president.
Headquartered in Cleveland, the Amsdell Cos. draws its roots from the family-owned construction company founded in 1928. Since its inception, the company has been active in several billions of dollars of real estate ventures, with a primary focus on self-storage. It has owned and operated more than 500 storage centers under various trade names in more than 27 states. It currently owns and operates properties in Florida, Georgia, Kentucky, Michigan, Mississippi, New Jersey, Ohio, Pennsylvania, Tennessee and Texas.