Compass Self Storage Expansion Hits Milestone

Compass Self Storage has reached the 60 store milestone with the acquisition of a new facility in Asbury, NJ.

By Adriana Pop, Associate Editor

Compass Self Storage, a member of the Amsdell family of companies, has purchased a new property at 190 Route 173 West in Asbury, NJ.

Compass Self Storage in Asbury, NJ
Compass Self Storage in Asbury, NJ

The new location marks the 60th store that the company has opened under the Compass flag, as well as its fifth location in New Jersey.

The self-storage center offers more than 64,000 net rentable square feet, drive up access, indoor climate controlled units, digital surveillance, electronic access, online payments, truck rental and a full line of moving and packing supplies.

Compass Self Storage acquired the facility in conjunction with affiliate Amsdell Group LLC, and plans to improve the property by upgrading the interior sales office, rebranding the signage and adding additional lighting.

The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH and draws its roots from the family owned construction company founded in 1928. Since then, Amsdell has been active in several billions of dollars’ worth of real estate ventures with a primary focus on self-storage. As industry pioneers, the Amsdell team has owned and operated over 500 storage centers under various trade names in over 27 states. With a history of over 85 years of doing business, Amsdell now has extensive experience in property acquisition, construction and property management.

Image courtesy of Compass Self Storage