Amsdell Companies Acquires State-Of-The-Art Self Storage Center In Cedar Hill, TX
CLEVELAND, May 7, 2014 /PRNewswire/ -- Compass Self Storage, a member of the Amsdell family of companies, is proud to announce the purchase of a self storage property located at 1150 S. U.S. Highway 67, Cedar Hill, TX. The new storage center represents over 63,000 net rentable square feet and will be operated by Compass Self Storage, LLC (www.compassselfstorage.com). This store will be the forty-fifth location operating under the Compass flag and marks the company's entry into the Texas market. The company plans to spend nearly $100,000 on capital improvements to better serve its customers.
"We look forward to servicing the moving and storage needs of our new customers in Cedar Hill, TX with the acquisition of this self storage center," said Todd Amsdell, President. Company growth is projected to continue in 2014 with the acquisition and development of quality storage properties in select markets. The facility offers drive up storage unit access, climate controlled units, outdoor parking, digital surveillance, online payment options and a full line of moving and packing supplies.
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 80 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.
SOURCE Amsdell Companies