Compass Self Storage Expands Portfolio With NC Asset

Separate affiliates of Amsdell Group LLC and Compass Self Storage LLC purchased a 70,000-square-foot self-storage facility in Whitsett, N.C. This is Compass’ fourth property in the state.

Compass Self Storage, Whitsett, N.C.
Compass Self Storage, Whitsett, N.C.

Compass Self Storage, a member of the Amsdell family of companies, expanded its footprint with a self-storage center in Whitsett, N.C. This is the company’s tenth acquisition in 2017, which brings the number of its North Carolina properties to four. The new owner plans to expand and upgrade the facility.

The asset is located at 6605 Burlington Road and offers drive up and climate controlled units totaling 70,000 square feet of rentable space. Compass plans to make several improvements to the facility, including state-of-the-art security and surveillance systems and individual digital customer access control.

Expansion plans for 2018

In January 2018, construction work for a new two-story building will begin. The project will provide an additional 49,000 square feet of climate controlled space.

“We are proud to expand our service area in North Carolina to include the residents and businesses of the Whitsett community. We look forward to providing great customer service, and to making moving and storing with Compass Self Storage an easy process,” Todd Amsdell, president of Compass Self Storage LLC, said in prepared remarks.

The purchase was made by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC.

Image courtesy of Compass Self Storage LLC