Chicago (10.1.2024) StorSafe Self Storage, a subsidiary of Elmdale Partners, has recently expanded into Bristol, Tennessee, marking its presence in a seventh state. This expansion aligns with StorSafe's strategic objective to bolster its market share in the Midwest and Southeast regions. The company now offers over 1.7 million square feet of storage space across pivotal states, including Florida, Illinois, Indiana, North Carolina, Wisconsin, and South Carolina.

Tom Bretz, the CEO of Elmdale Partners and StorSafe, stated, "We are thrilled to move into the Tennessee market as we continue to grow throughout the Southeast.  Our team’s ability continues to identify and capitalize on valuable market opportunities.  Our aim is to sustain our growth trajectory through these strategic acquisitions and operational enhancements.”

The recently acquired Bristol property is located about 6 miles from the Bristol Speedway. It consists of 501 non-climate-controlled units and 8 parking spaces, offering a total of 60,600 net rentable square feet (NRSF). This addition not only expands StorSafe’s portfolio but also meets the increasing demand in the market.

"We believe in Bristol's self-storage market. Our analysis shows a growing need for self-storage in the area,” commented Bretz. “Our commitment is to deliver superior customer service and owner value”

StorSafe and Elmdale Partners' series of strategic decisions demonstrates their clear vision for expansion and their steadfast dedication to excellence within the self-storage industry. These moves promise ongoing innovation and profitability, even in the midst of changing market conditions.

In 2021, the establishment of StorSafe aimed to transform the self-storage industry by incorporating advanced technology, including state-of-the-art management software, online resources, facility automation, and high-end security systems. Each new StorSafe location strives to redefine customer satisfaction and enhance operational efficiency. Through the amalgamation of automation and human expertise, StorSafe provides an unparalleled self-storage experience. For additional information, please visit StorSafe’s website at http://www.storsafe.com/

About Elmdale Partners:

Elmdale Partners, a real estate investment firm based in Chicago, specializes in transforming underperforming assets into profitable investments, delivering superior returns to its investors. The firm employs precise investment strategies and a systematic approach to transactions, operations, and asset management. Elmdale focuses on investing in real estate with the potential for strong, risk-adjusted returns over the long term. For more information, visit www.elmdalepartners.com.