The Storage Acquisition Group today announced the sale of two self storage facilities located in South Carolina. The facilities, located at 2248 North Main Street in Summerville and 2711 Woodruff Road in Simpsonville, are part of a larger portfolio currently under acquisition. The sale was finalized on April 12, 2018.
The sale was managed by the group’s Vice President, David Spencer, and President and CEO, Cowles M. “Monty” Spencer, Jr.
The facilities total over 200,000 square feet and just over 1,450 storage units. The properties offer a mix of climate controlled and non-climate controlled units, drive-up access units, electronic gate access, video surveillance and more for maximum convenience.
The Summerville facility is located just a few miles from the heart of historic downtown Summerville. Its location between State Road 176 and Highway 26 make position and visibility second to none. In addition, the Summerville area is growing rapidly with an average population increase of more than double the rates seen in the rest of the state.
The Simpsonville facility is located right beside the intersection of interstate highways I-385 and I-185 in an area dubbed ”The Golden Strip” for its prosperous commercial and retail sectors. The area is home to major corporations such as BMW, Michelin, GE, and Caterpillar to name a few.
David Spencer is vice president of The Storage Acquisition Group and a realtor with Keller Williams Realty Metro Atlanta.
Cowles M. “Monty” Spencer, Jr. is president and CEO of The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate.
*Broker of Record is Gerald Scurry of ETS Properties in Mount Pleasant, SC.