Copper Storage Group (CSG), an affiliate of property-management company Copper Storage Management (CSM), has launched a self-storage investment fund. Open to accredited investors, it’ll pursue acquisitions of underperforming properties nationwide. Sites will be remotely managed and operated under the Copper Safe Storage brand name, according to a press release.
CSG was launched by leaders of CSM and consulting firm Self Storage 101. The executive team has more than eight decades of combined industry experience. It includes Terry Campbell, Bill Copper, Bob Copper, Brett Copper and Jacob Copper, the release stated.
“We’re excited to introduce our self-storage investment fund as a strategic entry point into a thriving market with significant potential for returns,” said Bob Copper, principal of the fund. “Backed by our extensive industry experience and proven track record, we’re thrilled to get started on this profitable journey with our investors.”
The CSM team has about 100 years of self-storage experience and remotely manages more than 190 facilities nationwide. Company services include a call center, collections, customer service, day-to-day bookkeeping, lien sales, marketing and more.
