Ziff Properties plans self-storage conversion
December 6, 2016
Ziff Properties, Inc. announced the acquisition of Buncombe Plaza, a 52,000-square-foot shopping center located in Greenville, South Carolina’s water tower district near downtown. The mostly vacant property will be redeveloped in spring of 2017. The finished product will be a Class A climate and non-climate controlled self-storage facility of 67,500-square-feet with 777 units. The property will also provide storage space for RV and boat parking.
Chief Operating Officer & Director of Acquisitions, Christian Chamblee says, “There is a high demand for quality storage space in the Greenville area which made this property attractive for investment. We are very excited to be a part in fulfilling those storage needs for the rapidly growing community.”
About Ziff Properties
Ziff Properties, Inc. specializes in the development, acquisition and management of commercial properties in the Southeastern United States. Based in Mount Pleasant, South Carolina, the Company’s 3,000,000-square feet portfolio includes shopping centers, office buildings, and self-storage facilities. Founded by Stephen Ziff in 1992 along with CEO Tim Walter, the company has purchased more than 6 million square feet of commercial property. With more than 500 commercial tenants, Ziff Properties’ portfolio contains locally owned and operated businesses as well as national tenants such as Food Lion, Staples, Starbucks and Hibbett Sports. For more information, please visit www.zpi.net.
