September 24, 2023

StorSafe, recognized for locating and changing underutilized actual property into worthwhile investments, has acquired Coleman Storage for $8.8 million as a part of a strategic growth of its self-storage portfolio into the booming Wildwood market.

The placement, close to Interstate 75 and the Florida Turnpike, was beforehand owned by Coleman Business LLC and operated as Coleman Storage. This addition brings StorSafe’s complete to 23 services throughout 5 states, encompassing greater than 1.3 million sq. toes in accomplished or in-development properties.

“Our growth into Wildwood displays our dedication to sourcing properties in prime areas and enhancing their income potential,” stated StorSafe CE Tom Bretz stated. “Our funding companions depend on our experience in web site choice and recognize the enticing returns our self-storage portfolio delivers.”

StorSafe of Wildwood will serve residential and industrial prospects, small companies, and logistics and transportation suppliers.

The power will provide items starting from 5 by 5 toes to fifteen by 40 toes. Using trendy know-how, StorSafe of Wildwood will allow prospects to simply discover and reserve items through cellular gadgets or on-line. The power may even function superior entry management, sensors and safety techniques for the safekeeping of shoppers’ belongings.