Sunday, July 15, 2012

Amsdell Expands Again and Enters the Memphis,TN Market With Acquisition of Five Self Storage Centers



CLEVELAND, OH /PRNewswire/ -- Amsdell Storage Ventures VII, LLC is proud to announce its  purchase of five institutional grade self storage properties in the greater Memphis area, including over 300,000+ net rentable square feet and over 2,100+ units. 

The new facilities are operated by Compass Self Storage, LLC (www.compassselfstorage.com) and mark the company's entrance into this market.

The storage centers are located at:

  •      7911 Hacks Cross Road Olive Branch, MS 38654
  •     2274 Highway 51 Nesbit, MS 38651
  •     8036 US Highway 70 Bartlett, TN 38104
  •    4175 Winchester Road Memphis, TN 38118
 

The facilities represent a significant addition to the rapidly growing portfolio of properties under the Compass flag. 

On June 28, 2012 various entities of the Amsdell family of companies acquired a five-store portfolio of institutional grade properties in the greater Cincinnati market expanding the Compass brand beyond its other locations throughout Florida, Michigan, Ohio and Pennsylvania.

Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information.

For a complete copy of the company’s news release, please contact:

Todd Amsdell 
President   
216.458.0670

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