AMSDELL COMPANIES ACQUIRES SELF STORAGE CENTER IN PROVIDENCE, RI AND PLANS SIGNIFICANT PHYSICAL IMPROVEMENTS TO THE PROPERTY

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    AmsdellCompass Self Storage, a member of the Amsdell family of companies, is proud to announce the purchase of a self-storage property located at 711 Branch Avenue in Providence, RI.  The new storage center represents over 58,000 net rentable square feet and will be operated by Compass Self Storage, LLC (www.compassselfstorage.com). This store will be the first location operating under the Compass flag in Rhode Island. “We look forward to servicing the moving and storage needs of our new customers in Providence, RI. We will be significantly upgrading this storage center with the addition of a digital surveillance system with access controls, additional LED lighting, online payment options and other conveniences to make the experience the best it can be for our customers,” said Todd Amsdell, President. The company plans to invest well over a half a million dollars in physical improvements and upgrades to the property. The facility will offer indoor climate controlled units, and a full line of moving and packing supplies. The above-mentioned acquisition was made by separate affiliates of Amsdell Group, LLC and Compass Self Storage, LLC. The Amsdell family of companies (Amsdell Companies) is headquartered in Cleveland, OH. Amsdell draws its roots from the family owned construction company founded in 1928 and has since been active in several billions of dollars worth of real estate ventures with a primary focus on self storage. As industry pioneers, Amsdell has owned and operated over 500 storage centers under various trade names in over 27 states.  With over 80 years of doing business, the Amsdell team has extensive experience in property acquisition, construction and property management. Please visit www.amsdellcompanies.com and www.compassselfstorage.com for more information.]]>

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