Sparkplug Capital LLC, a Boulder, Colo., company that operates the Red Dot Storage brand, recently acquired Peoria Mini Storage in Mossville, Ill., the company’s eighth self-storage acquisition. The property at 10704 N. Galena Road has more than 350 units in a variety of sizes as well as outdoor storage for boats, RVs and other oversized vehicles.
The company plans to add a 24-hour rental center to assist new and existing customers with unit rentals and payments. Additional planned improvements include a new access-controlled gate, improved lighting and asphalt drives, according to a press release.
“We are pleased to add the Peoria Mini Storage facility to our Red Dot Storage family,” said Seth Bent, president. "We will continue to pursue acquisitions throughout the region, and look forward to offering our customers more locations in the near future.”
Red Dot Storage owns and operates eight properties in Illinois and Wisconsin. Earlier this year, the company purchased Alternative Storage in Janesville, Wis.; Centerville Storage in Woodstock, Ill.; and Kendall Point Storage in Oswego, Ill.
Sources:
- Market Wired: Red Dot Storage Announces Acquisition of 8th Property
