CLEVELAND, March 27, 2013 /PRNewswire/ -- Compass Self Storage, LLC, a member of the Amsdell family of companies, is proud to announce the purchase of a self storage property located at 1300 Belmont Avenue in Philadelphia, PA. The new storage center represents over 100,000 net rentable square feet and will be operated by Compass Self Storage, LLC (www.compassselfstorage.com). The facility offers a drive through climate controlled building, outdoor storage, truck rental, and a full line of moving supplies.
This acquisition represents the fourth self-storage acquisition that the company has completed since January of this year. The company completed fourteen self storage property acquisitions in 2012 and plans to continue to grow with the acquisition of quality storage properties in select markets.
"We are proud to expand our Compass footprint in the northeast and service our new customers in the Philadelphia market," stated Todd Amsdell, President.
The above-mentioned acquisitions were 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