Outbox Self Storage, which operates three facilities in North Carolina, is expanding its portfolio in the Carolinas with one acquisition and one new development. Both properties are in new markets for the operator, according to a press release.
Outbox recently purchased Triple SSS Storage in Mooresville, N.C. The property at 2702 Charlotte Highway comprises 100,000 rentable square feet of storage space in 750 units. It sits on more than 9 acres of land and includes room for expansion. Outbox plans to update the facility with climate-controlled units and new security components.
The company is also building a new location in Myrtle Beach, S.C., near the intersection of Glenns Bay Road and U.S. Route 17, in the Surfside Beach community. The development will encompass 75,000 square feet of storage space in 564 climate-controlled units. It’s expected to open this spring.
“Outbox provides a convenient, friendly and local self-storage solution, and we are excited to introduce our model to the Mooresville and Myrtle Beach communities,” said James Cole, company founder.
Established in 2015 and based in Charlotte, N.C., Outbox operates facilities in Charlotte, Hickory and Mooresville, S.C. The company is seeking additional acquisition and development opportunities. It also provides pre-development consulting for self-storage sites.
Sources:
- CP Executive: Outbox Self Storage Expands Portfolio in SC, NC
