Acquisition & Expansion
Clay, AL
Acquired a 45,000 square foot facility and executed a 20,000 square foot expansion within two years. Operational improvements and added capacity drove strong returns.
Portfolio Details
Purchase Year
2016
Property Type
Acquisition & Expansion
GSF
65,000 GSF
NRSF
65,000 NRSF
Work Performed Post-Closing
- Acquired 45,000 square foot storage facility
- Completed 20,000 square foot expansion within two years
- Implemented operational improvements
Current status: Operating storage asset with expanded capacity.
Expansion / capex: Primary expansion phase completed; ongoing capex remains focused on operations and asset quality.
Total Size
65,000 SF
