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09 Mar 2022

Compass Self Storage expands portfolio with acquisition of 2 properties

March 8th, 2022, Compass Self Storage announced the acquisition of 2 new properties, a self storage facility at 400 George Washington Highway Smithfield, RI 02917 and the second being a Boat and RV Storage facility at 2175 E. State Road 44 Wildwood, FL 34785.

Compass Self Storage is a member of the Amsdell family of companies headquartered in Cleveland, OH. Amsdell is a family-owned construction firm that was started in 1928. Since then, the firm has been involved in real estate, with a particular concentration on self storage.

Compass Self Storage in Smithfield, situated in Providence, RI, provides net rentable square feet, easy access drive-up units, climate-controlled units, and a full line of moving and packing supplies.

The 223 parking spots at Compass Boat & RV Storage in Wildwood are suitable for boat, vehicle, and RV storage. The area is completely enclosed, with the property being fully fenced. All parking spaces are on concrete parking pads with the option of some covered parking as well.

Amsdell President, Todd Amsdell spoke about the recent acquisitions, stating, “The acquisition of our newest locations in Providence and Wildwood are complementary to our existing store footprints in those areas. We are very pleased to be able to grow our offering and assist more residents and businesses in these areas with their storage needs.”


https://www.globenewswire.com/news-release/2022/03/08/2398808/0/en/COMPASS-SELF-STORAGE-ADDS-TWO-MORE-PROPERTIES-WITH-ACQUISITION-OF-SELF-STORAGE-CENTER-IN-PROVIDENCE-RI-AND-A-BOAT-AND-RV-STORAGE-CENTER-IN-WILDWOOD-FL.html
Source - Global Newswire