Go Store It Acquires Clover Hill Self Storage in Richmond, VA

Posted: 7/10/2018 Link:
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Go Store It has recently acquired Clover Hill self storage located in Richmond, VA. This will be Go Store It’s third project in Richmond as it has two other storage developments under construction in the Richmond MSA. One is located in Midlothian and the other near Downtown Richmond.

Clover Hill features 348 units and 42,000 square feet. It also features an ample amount of parking for cars, Boats, and RV’s. There is also a planned expansion of 40,000 square feet that will feature two stories and be fully climate controlled.

“This acquisition presents a unique opportunity for Go Store It and gives us more scale in a target Market. There is a big demand for quality storage and the market has high barriers to entry. We look forward to upgrading the facility and getting started on the expansion,” said Neil Dyer, director of acquisitions for Go Store It.

This is Go Store It’s 10th acquisition so far in 2018. Other recent acquisitions have been located in Asheville, Greenville, Nashville, and Wilmington.

Based in Charlotte, NC, Go Store It specializes in the acquisition, development and management of self storage assets throughout the county. Go Store It currently has over 2,000,000 square feet of storage space under management and construction. Go Store It is an affiliate of Madison Capital Group, LLC which has offices in Charlotte, Charleston and Nashville.

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