COMPASS SELF STORAGE CONTINUES TO GROW WITH THE ACQUISITION OF A SELF STORAGE CENTER IN PHILADELPHIA, PA
Cleveland, OH – March 22, 2016 – Compass Self Storage, a member of the Amsdell family of companies, proudly announces the acquisition of their newest self-storage center, located at 12 Oregon Avenue in Philadelphia, PA. This is the seventh self storage center that the company has opened under the Compass Self Storage (www.compassselfstorage.com) flag since the start of 2016. The Oregon Avenue Compass Self Storage location offers over 104,000 net rentable square feet and marks the company’s third location in the greater Philadelphia market.
This Compass Self Storage location uniquely offers the market’s only fully climate controlled, drive through building to make moving and storing easy for customers in any weather conditions. It also features electronic access, online payments, RV and boat storage, truck rental and a full line of moving and packing supplies. Several physical improvements are planned for the newest Compass Self Storage location in Philadelphia, including upgraded surveillance systems and a major property facelift. This Compass Self Storage location will also offer a smart phone app that will allow customers remote gate access via their phone.
“This acquisition of this self storage center, well located right off of I-95, will allow us to further expand our service area in the Philadelphia market. The planned improvements for our newest Compass Self Storage location will deliver an upgraded customer experience to the residents and businesses of this area,” stated Todd Amsdell, President.
The above-mentioned acquisition was made by separate affiliates of Amsdell Group, LLC and Compass Self Storage, LLC. The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH. Amsdell draws its roots from the family owned construction company founded in 1928 and has since been active in several billions of dollars worth of real estate ventures with a primary focus on self storage. As industry pioneers, Amsdell has owned and operated over 500 storage centers under various trade names in over 27 states. With over 85 years of doing business, the Amsdell team has extensive experience in property acquisition, construction and property management. Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information.