CHICAGO (August 28, 2023) — In a strategic move to expand its reach, StorSafe, a leader in the self-storage sector, announced its acquisition of “The Extra Closet” located at 124 Warfield Ave., Venice, FL 34285, bringing its total to 25 locations and over 1.3 million sq. ft. of premier storage facilities. StorSafe continues to focus on single story value-add self-storage properties, strengthening its presence in the Midwest and Southeast.

Tom Bretz, CEO of StorSafe, commented on the acquisition, “This expansion is more than just adding a location. It’s about positioning StorSafe in fast-growing markets like Venice and harnessing technology and operational efficiencies to maximize profitability. Our focus remains on delivering profitability. With every acquisition, we’re not just adding square footage; we’re integrating advanced technologies and practices that enhance operational efficiency and set the stage for substantial investor ROI.”

Situated a mere 4.1 miles north of StorSafe’s existing Venice location, StorSafe of Downtown Venice is strategically placed on the primary corridor leading into the city center of Venice. Additionally, its proximity to significant landmarks, being just half a mile from the Venice Train Depot and the Public Boat Ramp, adds to its allure for both residents and tourists.

The newly acquired site features 13,219 Net Rentable Square Feet (NRSF) and houses 401 Climate-Controlled units. But the vision doesn’t stop there. A planned Phase II development aims to add another 27,000 NRSF, featuring an additional 180 Climate-Controlled units.

https://www.einnews.com/pr_news/652406544/storsafe-announces-strategic-acquisition-bolstering-portfolio-to-25-prime-locations#:~:text=CHICAGO%2C%20IL%2C%20UNITED%20STATES%2C,1.3%20million%20sq.%20ft.%20of

StorSafe, known for their focus on single story value-add self-storage properties throughout the Midwest & Southeast, today announced the acquisition of Bonus Room Storage in Candler, North Carolina. This key acquisition marks StorSafe’s debut in North Carolina, further expanding its impressive portfolio to 24 locations and over 1.3 million sq. ft. of premier storage facilities.

StorSafe CEO, Tom Bretz, expressed his enthusiasm, “Our foray into North Carolina, an area experiencing significant population growth and strong demand, aligns perfectly with our strategic expansion. Our focus remains on offering unrivaled customer experiences via advanced tech integration, operational automation, and personalized service - the hallmarks of the StorSafe brand.” 

https://www.illinoisbusinessreview.com/article/644974121-storsafe-expands-its-revolutionary-self-storage-portfolio-with-acquisition-of-prime-north-carolina-location

StorSafe has acquired Coleman Storage for $8.8 million as part of the strategic expansion of its self-storage portfolio into Wildwood, FL. The property was previously owned by Coleman Commercial LLC and operated as Coleman Storage. This addition brings StorSafe’s total to 23 facilities across five states, encompassing more than 1.3 million sq. ft. in completed or in-development properties.

“Our expansion into Wildwood reflects our dedication to sourcing properties in prime locations and enhancing their revenue potential,” StorSafe CEO Tom Bretz said. “Our investment partners rely on our expertise in site selection and appreciate the attractive returns our self-storage portfolio delivers.”

Located just outside Orlando, the facility has the potential to add 63,925 rentable square feet. StorSafe of Wildwood will serve residential and commercial customers, small businesses, and logistics and transportation providers. The facility will offer units ranging from 5 by 5 feet to 15 by 40 feet. 

https://www.connectcre.com/stories/storsafe-acquires-coleman-storage-in-wildwood-fl-for-8-8m/