Spartan Investment Group announces acquisition of its first self-storage facility in South Carolina
September 10, 2024The 60,890-square-foot facility is set to meet growing demand for self-storage solutions in a thriving Beaufort market
Spartan Investment Group (Spartan), a Colorado-based privately held real estate investment firm specializing in the self-storage industry, announced today the acquisition of a new self-storage facility in Beaufort, South Carolina. This new facility marks Spartan’s first project in South Carolina, expanding its significant presence along the East Coast.
“Beaufort is a growing hub, anchored by the Marine Corps Air Station Beaufort and the Parris Island Training Facility, which together create a consistent demand for reliable and accessible self-storage solutions,” said Ryan Gibson, president and CIO at Spartan. “This new facility, situated in a high-demand location, will enable Spartan to leverage its extensive market expertise to meet the storage needs of the local community and deliver substantial value to our investors.”
Located at 240 SC-128, this Class A facility spans 60,890 square feet of net rentable space and features 543 units of climate-controlled and non-climate-controlled storage. Constructed in 2021, this premier asset stands out as the highest-quality storage site in the area, providing superior amenities and security features to one of the fastest-growing counties in South Carolina.
The Beaufort facility will be a natural extension of Spartan’s Southeast footprint. Located just one hour north of Spartan’s ground-up project in Savannah, Georgia, and multiple sites to the west in Macon, Georgia, this new facility will further strengthen Spartan’s presence in the region. The Beaufort facility will seamlessly integrate into Spartan’s network, supported by Spartan Construction Management and FreeUp Storage, Spartan’s in-house construction and property management teams.
For more information, visit www.spartan-investors.com.
About Spartan Investment Group
Founded in 2014 and based in Golden, Colorado, Spartan Investment Group is a privately held real estate investment firm specializing in the self-storage industry. With an unwavering commitment to creating value through values, Spartan’s network of over 5K investors have raised $450M+, to acquire nearly 60 facilities totaling 30K+ units and $500M AUM across the United States—all in under a decade.