3 Partners: Storage Post Self Storage Expands with Acquisition of Three Chicago Properties via MJ Partners Real Estate Services

3 Partners: Storage Post Self Storage Expands with Acquisition of Three Chicago Properties via MJ Partners Real Estate Services

Storage Post Self Storage, a leading name in the self-storage industry, has made significant strides in expanding its footprint in the Chicago area. Working alongside local broker MJ Partners Real Estate Services, the company recently acquired three new self-storage locations. This acquisition bolsters Storage Post’s presence in the Midwest, adding to its existing portfolio of 33 locations spread across New York, New Jersey, and Louisiana.

The company’s move into the Chicago market is part of a broader Partners strategy to diversify and expand its reach into key urban areas. Storage Post’s Director of Acquisitions, Jack Giannola, emphasized the success of the partnership with MJ Partners, stating, “We were really pleased with our experience working with MJ Partners. They were very responsive and respectful to the needs of both parties. I can safely say everyone walked away happy.”

Newly Acquired Properties in Key Chicago Neighborhoods

The three newly acquired locations were previously operated by Extra Space Storage and Life Storage. Strategically situated within the Chicago metropolitan area, these Partners facilities are poised to serve a wide range of customers. The properties are located in:

  • Belmont Cragin Neighborhood: 2051 North Austin Avenue
  • Edgewater Community: 6331 North Broadway
  • Little Village Neighborhood: 3245 West 30th Street

Each of these locations provides a unique opportunity for Storage Post to cater to the diverse storage needs of Chicago residents. From urban dwellers seeking additional space to businesses needing secure storage solutions, these facilities are well-positioned to meet demand.

Why Chicago?

Chicago, as a major metropolitan hub, presents a lucrative market for self-storage. The city is known for its dense population, diverse neighborhoods, and a growing demand for convenient storage solutions. Residents and businesses alike are increasingly turning to self-storage to address their space constraints, making it an ideal region for Storage Post’s expansion.

Additionally, the strategic acquisition of these properties aligns with the company’s mission to provide high-quality storage options in densely populated areas. With its extensive experience in managing urban storage facilities, Storage Post is well-equipped to meet the specific needs of Chicago’s diverse communities.

A Collaborative Effort with MJ Partners

The success of this acquisition was facilitated by the expertise of MJ Partners Real Estate Services. Principals Marc Boorstein and Jeffrey Jacobson, along with Vice President David Kohn, played pivotal roles in brokering the deal. Their in-depth knowledge of the local market and commitment to ensuring a smooth transaction contributed significantly to the positive outcome.

Storage Post’s collaboration with MJ Partners highlights the importance of local expertise when entering a new market. Giannola expressed optimism about future endeavors, stating, “As we continue to expand our operations in Chicago, we hope to work with them again in the future.”

The Impact on Storage Post’s Portfolio

The addition of these three Chicago locations marks an important milestone for Storage Post. It not only strengthens the company’s presence in the Midwest but also enhances its ability to serve a broader customer base. With these acquisitions, Storage Post now operates across several key regions, reflecting its commitment to becoming a leading national provider of self-storage solutions.

These facilities are expected to benefit from Storage Post’s operational expertise, which includes a focus on state-of-the-art security, clean and well-maintained units, and exceptional customer service. This approach ensures that customers receive a consistent and high-quality experience, regardless of the location.

About Storage Post Self Storage

Storage Post Self Storage is revolutionizing the self-storage industry with its focus on quality, operational excellence, and customer satisfaction. Headquartered in Atlanta, the company operates a network of self-storage facilities along the East Coast, throughout the South, and in the Midwest. Its commitment to providing secure, clean, and conveniently located storage options has made it a trusted name in the industry.

Storage Post’s rapid expansion is fueled by a combination of acquisitions and new developments. By investing in high-demand urban areas, the company aims to meet the growing needs of both residential and commercial customers. Each facility is designed with the customer in mind, offering features such as climate-controlled units, 24/7 security monitoring, and flexible rental options.

For more information about Storage Post Self Storage and its offerings, visit www.storagepost.com.

The Future of Self-Storage in Urban Markets

The acquisition of these Chicago properties reflects broader trends in the self-storage industry. As urbanization continues to increase, the demand for convenient storage solutions is expected to grow. Storage Post’s expansion into Chicago positions the company to capitalize on this trend while delivering value to its customers and investors.

The company’s focus on high-quality facilities and customer-centric services sets it apart in a competitive market. By prioritizing operational excellence and leveraging advanced technology, Storage Post ensures that its facilities meet the evolving needs of modern consumers.

Commitment to the Chicago Community

As Storage Post establishes its presence in Chicago, it is committed to becoming an integral part of the community. The company aims to provide not just storage solutions but also contribute positively to the neighborhoods it serves. Through initiatives such as community engagement and local partnerships, Storage Post seeks to enhance its role as a trusted and valued service provider.

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