Storage Post Acquires a Premium Self-Storage Facility in New York
PR Newswire
ATLANTA, June 26, 2015
ATLANTA, June 26, 2015 /PRNewswire-iReach/ — Storage Post Self Storage has purchased a self-storage facility in the Ozone Park area of Queens, N.Y. The company has managed the property, at 103-39 98th St. since 2011, and finalized the purchase from the seller on May 6, 2015.
Photo – http://photos.prnewswire.com/prnh/20150626/225981
The new Storage Post location includes 100,650 square feet with 957 storage units. On site is a four-story building with 74,525 square feet of storage space and a cellar, as well as a single-story building with 26,125 square feet of retail space. It is ideal for business customers seeking climate-controlled storage, individual unit door alarms, motion-activated lighting, interior loading areas and free Wi-Fi.
The Ozone Park store is a premium facility that benefits from brand recognition within the neighborhood and high-traffic retail at the front of the property. It is one of 28 acquisitions Storage Post has made since 2012, part of a growth strategy that includes both single property and portfolio transactions. The company is expected to continue adding properties during the next year through acquisitions, ground-up development and select management contracts.
“This is one of the most outstanding self-storage markets in the country, and we are committed to delivering value to our investors and our customers,” said Dylan Delaune, Storage Post’s Chief Operating Officer. “Our executive team is adept at product redevelopment, which fosters a customer experience that customers appreciate.”
Storage Post now has 20 stores in the New York and New Jersey markets, where full-scale renovations are under way. Several stores are already updated.
For additional information on Storage Post acquisitions, contact the Acquisitions Department at 1-877-674-6777 or acquisitions@storagepost.com
About Storage Post
Headquartered in Atlanta, Ga., Storage Post is a leading self-storage company that is transforming the storage industry. The company focuses on quality products, operational excellence, positive customer service and increased returns for investors. Storage Post has locations along the East Coast and throughout the South, and is rapidly expanding through self-storage acquisitions and development. For more information on Storage Post and its executive leadership, visit www.storagepost.com.
Acquisitions Contacts:
Jack Giannola
Director of Acquisitions
(201) 679-6790
jgiannola@storagepost.com
Bill Marsh
VP of Real Estate
404-418-5636
bmarsh@storagepost.com
Dylan Delaune
Chief Operating Officer
(404) 418-5628
ddelaune@storagepost.com
SOURCE: Storage Post
RELATED LINK: http://www.storagepost.com
Media Contact: Jack Giannola, Storage Post Self Storage, (201) 679-6790, jgiannola@storagepost.com
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SOURCE Storage Post
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