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Storage Post Acquires 3 Additional Self Storage Properties

Storage Post Acquires 3 Additional Self Storage Properties
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Atlanta-based Storage Post Self Storage has acquired 3 additional New York self storage properties, further expanding its reach into Nassau, Suffolk and Westchester counties. Storage Post has grown significantly in the last six years through acquisitions, redevelopment and select management contracts. The purchase of these Floral Park, Huntington Station, and Yorktown stores have increased the company's New York market to include 25 properties. The newly acquired properties are located at 50 Carnation Avenue, Floral Park, NY; 280 Broadway, Huntington Station, NY; and 1760 Front Street, Yorktown Heights, NY.

Each of the newly acquired locations are clean, well maintained facilities staffed with experienced storage specialists and featuring state of the art security, climate controlled units and ample access hours. The properties offer a variety of conveniences such as month-to-month rentals, moving and packing supplies, hand carts, elevators, and online bill pay. The facilities are easily accessible and located on high traffic thoroughfares. Floral Park, Huntington Station, and Yorktown Heights are well populated markets in the New York MSA, characterized by relatively-high household incomes and strong economic growth.

"This was a great purchase. The properties are in sought after markets with attractive demographics, and we worked with a quality seller, which facilitated a smooth transaction," said Dylan Delaune, Chief Operating Officer at Storage Post. "The portfolio is irreplaceable and the high quality locations will deliver a great product to our customers. We are happy to add these properties into our brand. This is another great deal originated by our Director of Acquisitions, Jack Giannola."

Headquartered in Atlanta, Ga., Storage Post is a leading self storage company that is transforming the storage industry. With locations along the East Coast and throughout the South, Storage Post's growth strategy includes both single property and portfolio acquisitions, as well as development of new storage facilities. The company focuses on quality products, operational excellence, positive customer service and outsized returns for investors. For more information on Storage Post and its executive leadership, visit storagepost.com.

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