CHICAGO (March 19, 2024) — StorSafe Self Storage, under the Elmdale Partners umbrella, has strategically expanded its footprint into Lexington, South Carolina, marking the acquisition of its 28th facility. This move is part of StorSafe’s broader strategy to augment its presence in the Midwest and Southeast, now boasting over 1.7 million square feet of storage space spread across key states, including Florida, Illinois, Indiana, North Carolina, Ohio, Wisconsin, and now, South Carolina.

Tom Bretz, CEO of Elmdale Partners and StorSafe, stated, “This milestone underscores our strategic approach and operational diligence, highlighting our team’s ability to identify and capitalize on valuable market opportunities. Our focus remains on elevating our portfolio’s performance and extending our track record of delivering solid returns to our investment partners.”

The newly acquired Lexington property, situated approximately 15 miles from Columbia, South Carolina’s capital, offers a blend of climate- and non-climate-controlled storage solutions alongside covered boat and RV parking. With 38,600 net rentable square feet and additional expansion potential, this facility not only enhances StorSafe’s portfolio but also caters to a growing market demand.

“Our bullish stance on Lexington and the broader self-storage market is informed by meticulous market analysis and a commitment to delivering superior customer service and owner value,” commented Bretz. “Our aim is to sustain our growth trajectory through these strategic acquisitions and operational enhancements.”

This series of strategic moves by StorSafe and Elmdale Partners reflects a focused vision for growth and an unwavering commitment to excellence in the self-storage domain, promising continued innovation and profitability in the face of evolving market dynamics.

About StorSafe:

Established in 2021, StorSafe pioneers a new standard in self-storage facilities by blending mobile technology, advanced management software, online tools, facility automation, and state-of-the-art security equipment. With each new facility, StorSafe redefines the customer experience and streamlines its operational processes. Through a unique blend of automation and human expertise, StorSafe delivers a superior self-managed storage solution. For additional information, please visit StorSafe’s website at www.StorSafe.com/contact.

*In 2023, Inside Self Storage (ISS) recognized StorSafe Self Storage on its 2023 Top 100 Operators List for securing third position in year-over-year facility owner growth, with an increase of 48.9%.

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.

For media inquiries, please contact Peter L. Mosca at (732) 841-4778 or 

peterlmosca@storsafe.com