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Moove In Acquires Trans Am Self Storage in Lititz, PA

Posted: 12/26/2018 Link: InsideSelfStorage.com
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Moove In Self Storage, which operates 24 locations in Maryland, New Jersey, New York and Pennsylvania, has acquired Trans-Am Self Storage in Lititz, Pa. Like other facilities in the Moove In portfolio, it’ll be managed by Investment Real Estate Management LLC (IREM), according to a press release.

Built in 1980, the property at 933 Lititz Pike includes five buildings comprising 23,400 square feet in 150 units. The three-acre property was shared with Keller Bros. Motorsports until the dealership closed in March.

“Expanding into the Lititz area is a great decision for Moove In. We have nine other Lancaster-area locations, but we were missing a presence this far north,” said Dana Casella, director of operations for IREM. “We have exciting plans for this property and the town of Lititz.”

Moove In plans to demolish the dealership and build a three-story structure comprising 66,000 square feet of climate-controlled storage and a new rental office. Additional property improvements will include new perimeter fencing and a keypad-operated gate.

“We are so very excited to become a part of the Lititz community. We have been trying to bring the Moove In brand to this market since 2006, and we finally found the right location and transaction terms,” said John H. Gilliland, CEO and president of Moove In.

Founded in 1997, Moove In operates facilities in Baltimore County in Maryland; Berks, Huntingdon, Lancaster, Montgomery and York Counties in Pennsylvania; and Sussex County in New Jersey. IREM and Moove In are a part of Investment Real Estate Group Cos., which also includes Investment Real Estate LLC and Investment Real Estate Construction LLC.

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