Our News
October 25, 2021
Ackerman & Co. and Trout Daniel & Associates Represent StorageMart in Acquisition of 73,183 SF Self-Storage Facility
StorageMart grows its presence in Indiana with third self-storage facility in the state.
Fishers, IN, October 25, 2021 – Ackerman & Co. and Trout Daniel & Associates (TD&A) have brokered the acquisition of a 73,183-square-foot CubeSmart Self Storage facility in Fishers, IN on behalf of StorageMart. The facility, located at 10415 Allisonville Road, features a combination of 41 percent drive-up and 59 percent interior climate controlled self-storage units.
David Paulson, Stephen Lapierre and Wyatt Whitaker of Ackerman Co. and Steven Cornblatt and Coleman Tirone of Trout Daniel & Associates represented StorageMart in the transaction. The seller of the property was York Allison LLC of Georgia.
“We’re pleased to assist StorageMart in its Indiana expansion with the acquisition of a first-class property offering an excellent mix of unit sizes and types,” said David Paulson, Senior Vice President of Ackerman & Co.
He added, “This property offers an outstanding location and demographics. Fishers, Indiana, is an affluent suburb of Indianapolis with a fast-growing population. The store is surrounded by apartments and single-family homes, many of them recently developed, and it provides excellent accessibility along a busy primary corridor that connects to the area’s densely populated neighborhoods.”
The property is StorageMart’s third location in Indiana. Located 15 miles from downtown Indianapolis, the self-storage facility also benefits from its proximity to excellent demographics and a full-diamond interchange at Interstate 69 only two miles away.
This property will be upgraded with new lighting, as well as an Open Tech Gate, offering renters contactless entry onto the property through the “StorageMart Unlocked” app. The existing security system will also be upgraded to better ensure each unit can deliver upon the company’s long-standing brand promises of easy, clean storage and friendly customer service in the Fishers, IN, community.
StorageMart
StorageMart started with a single store in Columbia, MO and has grown to be the largest privately-owned, family operated storage company in the world. StorageMart is led by the Burnam family, who have been in the storage industry for four generations. Dedicated to providing easy, clean, and friendly service to each and every customer, StorageMart is also committed to giving back to the many communities it calls home through their Store It Forward program. Find out more at http://www.storage-mart.com.
TD&A
TD&A is a full-service commercial real estate brokerage serving businesses throughout the mid-Atlantic and beyond. The firm takes a highly customizable approach to providing a full range of commercial real estate services, including brokerage, development, consulting and management to the retail, office, industrial, self-storage, multi-family and investment market segments. For more information, visit: www.troutdaniel.com.
Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 37 million square feet of office, medical, industrial, retail and mixed-use space, has more than 4.5 million square feet under management and maintains an investment portfolio valued at $1 billion.
Ackerman Retail, a division of Ackerman & Co., offers a best-in-class services platform, delivering solid results for local and multi-market clients across the Southeast. To date, Ackerman Retail has completed more than 10 million square feet of transactions valued at $1.7 billion. For more information, visit www.ackermanco.com.