Self Storage News & Announcements | Modern Storage Media

Safeguard Self Storage FL Acquisition | Mini-Storage Messenger

Written by Admin | May 15, 2023 4:00:00 AM

Safeguard Self Storage is has formally announced its latest acquisition of Citrus Park in Tampa, FL, seizing the A+ facility, off-market, within 45 days of contract signing. This fully stabilized facility located at 7014 Gunn Highway, in Tampa, FL boasts 100,000 gross square feet or 74,500 net rentable square feet and features 789 climate-controlled units.

The acquisition of Citrus Park will mark Safeguard Self Storage’s sixth operating asset in the Tampa MSA, while an additional five assets are currently in various stages of development. The company says it eagerly anticipates the continued upward trajectory of this already thriving asset, and it remains committed to acquiring additional “Best in Class” facilities within the market.

“Given the exceptional location of this facility, Safeguard seized the opportunity to acquire it, recognizing its potential to be a noteworthy addition to our operating portfolio in this market,” said Dylan O’Neill, Vice President of Development.

Since 1989, Safeguard Self Storage has been dedicated to delivering unparalleled quality and service in the self-storage industry across the United States. In over 30 years, Safeguard has expanded its reach to encompass more than 88 locations across six states, providing over 4.5 million square feet of storage. Today, Safeguard is recognized as one of the premier self-storage companies in the country, with a strong emphasis on providing the highest quality service and implementing eco-friendly energy solutions.

Safeguard is interested in speaking with anyone interested in selling a self-storage facility. Reach out to them at development@safeguardit.com.