Memphis, TN, July 08, 2014 --(PR.com
)-- Premier Storage Investors announced today the acquisition of Broadway Self Storage in Holbrook, New York. In addition, the Company has an additional six properties under contract or LOI for an approximate purchase price of $30.0 million.
Pete Williams, Principal of Premier Storage Investors, stated, “Premier Storage Investors was formed January 1st, 2014, we are very pleased to have closed our first asset within the first six months of our Company’s formation. Our Company is diligently seeking self storage acquisitions within the top 40 Cities across the United States. We are very encouraged to have an additional $30M under contract or letter of intent and look forward to closing these assets within the next few months.”
The seller of Broadway Self Storage, stated, “It was a pleasure dealing with such knowledgeable and experienced professionals. Real gentlemen and reasonable in all aspects of the deal.”
About the Company:
Premier Storage Investors, LLC is a self storage real estate investment and development company with offices in Memphis, Tennessee & Los Angeles, California. The company’s sole focus is to acquire and develop self storage real estate within the top 40 MSA’s across the United States. The Company’s executives have extensive experience within the self storage real estate sector. The principals of the firm have executed on self storage acquisitions, development, and dispositions totaling over $3.5B across the United States. www.pssinvestors.com