Progressive Investment Co. LLC (PIC), a real estate development firm that operates self-storage facilities under the Access Storage Now brand, has acquired Southgate Storage in Jasper, Ind., from Jasper Southgate Industries Inc. The property at 428 N. Truman Road comprises 25,000 square feet in 136 units. It’ll be rebranded under the Access name.
Access intends to expand service hours to seven days per week while also adding customer conveniences including online account management, billpay and rentals. An automated kiosk will be linked to the company’s other Jasper location on St. Charles Street, according to the source.
“We are pleased to add our 10th location to our portfolio of high-quality self-storage assets,” co-owner Chris Tretter said in a statement. “We thank Paul Nonte and the Jasper Southgate Industries board of directors for facilitating a smooth transaction. We look forward to providing exemplary service to customers using the Truman Road facility.”
PIC announced in March it would be expanding the Access portfolio to include locations in Brandenburg, Ky., and Ireland, Ind.
PIC is a development and leasing company. It owns and manages a variety of properties including commercial office buildings, manufacturing facilities, short-term storage and warehouse/distribution centers, according to its website.
Based in Ferdinand, Ind., and founded more than 25 years ago, Access Storage Now operates 10 self-storage facilities in Southern Indiana.
Sources:
- DuBois County Free Press: Access Storage Now Expands in Jasper with Acquisition
