{"id":1004137706,"date":"2016-02-24T04:46:57","date_gmt":"2016-02-24T12:46:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004137706"},"modified":"2020-04-06T06:28:02","modified_gmt":"2020-04-06T14:28:02","slug":"compass-buys-four-self-storage-assets-in-nashville","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/compass-buys-four-self-storage-assets-in-nashville\/","title":{"rendered":"Compass Buys Four Self-Storage Assets in Nashville"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor <\/em><\/p>\n<p><strong>Nashville, Tenn.<\/strong>\u2014<a href=\"https:\/\/www.compassselfstorage.com\/\" target=\"_blank\" rel=\"nofollow\">Compass Self Storage<\/a>, a member of the <a href=\"https:\/\/www.amsdellcompanies.com\/\" target=\"_blank\" rel=\"nofollow\">Amsdell<\/a> family of companies, has entered the Nashville market with the acquisition of four self-storage centers totaling 212,000 net rentable square feet.<\/p>\n<div id=\"attachment_1004137707\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004137707\" data-attachment-id=\"1004137707\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/compass-buys-four-self-storage-assets-in-nashville\/compass-self-storage-enters-the-nashville-market\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg\" data-orig-size=\"960,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Compass Self Storage Enters the Nashville Market\" data-image-description=\"&lt;p&gt;Compass Self Storage Enters the Nashville Market&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Compass Self Storage Enters the Nashville Market&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg?w=960\" class=\"wp-image-1004137707 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg\" alt=\"Compass Self Storage Enters the Nashville Market\" width=\"300\" height=\"188\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg 960w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg?resize=300,188 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Compass-Self-Storage-Enters-the-Nashville-Market.jpg?resize=768,480 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004137707\" class=\"wp-caption-text\">Compass Self Storage enters the Nashville market<\/p><\/div>\n<p>J.L. &#8220;Chip&#8221; Mack, III with <a href=\"https:\/\/www.mcwrealty.com\/\" target=\"_blank\" rel=\"nofollow\">McWhirter Realty Partners LLC<\/a> represented Amsdell in this transaction. The properties are located at 200 Front St., Smyrna, Tenn.; 1022 Nissan Drive, Smyrna, Tenn.; 461 Waldron Road, La Vergne, Tenn.; and 702 Jessica St., Murfreesboro, Tenn.<\/p>\n<p>Compass is now planning to improve its Nashville locations through additional climate controlled units, upgrades to security and surveillance systems, and the addition of a full retail line of moving and packing supplies.\u00a0The new self-storage centers also offer customers electronic access, the possibility to make online payments, truck rental services and online account management.<\/p>\n<p>&#8220;We are very pleased to enter the Nashville market and offer our top notch level of service to our residential and business customers. We believe the improvements that we have planned for these four storage centers will deliver an upgraded product and elevated customer experience. Compass will offer a one stop shop for anyone&#8217;s moving and storage needs,&#8221; Compass President Todd Amsdell said in a statement.<\/p>\n<p>The purchase of the Music City\u00a0portfolio was made by separate affiliates of Amsdell Group LLC and Compass Self Storage LLC. The Amsdell family of companies\u00a0is headquartered in Cleveland, Ohio, and draws its roots from the family owned construction company founded in 1928. Since then, Amsdell has been active in several billions of dollars\u2019 worth of real estate ventures with a primary focus on self-storage. As industry pioneers, the Amsdell team has owned and operated more than\u00a0500 storage centers under various trade names in more than\u00a027 states.<\/p>\n<p>Earlier this year, Compass also <a href=\"https:\/\/www.commercialsearch.com\/news\/compass-self-storage-enters-massachusetts\/\" target=\"_blank\">expanded<\/a> in Taunton, Mass., with the acquisition of a 44,000-square-foot self-storage facility.<\/p>\n<p><em>Image courtesy of Compass Self Storage<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Compass Self Storage has expanded into Nashville with the purchase of a four-property portfolio.<\/p>\n","protected":false},"author":260,"featured_media":1004137707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,36077,21742],"tags":[],"class_list":["post-1004137706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-nashville-knoxville","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. 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