US Storage Centers announced today the acquisition of another storage facility in Phoenix increasing the company’s Arizona portfolio to eight facilities.
US Storage Centers announced today that it has acquired the self storage facility in Phoenix, Arizona located at 4860 North 83rd Avenue. This property is the eighth facility owned and operated by the company in Arizona. It consists of 729 units in six buildings with a total net rental area of 82,432 square feet.
“Arizona is an exciting market with lots of opportunity and this new facility will be a valuable addition to our portfolio,” said Marketing VP Jason Lopez. “We’re well established in the greater Phoenix market with an operational competitive advantage that enables us to provide our customers with the quality storage experience they expect.”
The majority of the storage units at the facility feature true climate control—a much needed feature in the community because the majority of the surrounding storage facilities are older buildings that do not offer this option.
Several popular businesses, eateries, and a bank are located next to the property. Additionally, the facility is located on a highly visible corner where two arterial roads, West Camelback Road and North 83rd Avenue location, intersect.
US Storage Centers has been a leading operator in the storage industry for nearly 30 years. It has experienced double-digit growth in its third-party management division since 2009 and is now one of the largest operators in the country.
About US Storage Centers
Founded 1985, US Storage Centers is an owner / operator of self storage facilities in 13 states. The Company is a fully integrated operator that develops, acquires and manages its own portfolio—additionally, the company provides third-party management services. As of February 2015 it has over 6.5 million rentable square feet under management and employs over 200 people. US Storage Centers is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $3.5 Million and Charity Storage has raised nearly $200,000.