Indiana-based Storage Express has purchased a dozen facilities located across Central Illinois. The seller was the Plummer family of the RP Lumber Company. The sellers own and operate over 50 building materials stores in Illinois. They developed storage facilities over the past decade adjacent to their retail stores. The Plummers decided to exit the self storage industry to focus on their expanding core business.
Brian Kelly and Brett Hatcher of Marcus & Millichap represented both seller and buyer. This 370,000-square-foot acquisition gives Storage Express a stronger Illinois presence and brings the company up to 106 locations in total.
“With existing facilities in Illinois, this portfolio was a good fit for both us and for the Plummer family,” said Jefferson Shreve, the owner and president of Storage Express. “These facilities averaged 30,000 square feet and are located on retail corridors in smaller markets. Those are bread and butter locations for us. And their build quality is consistent with the uniformity we seek in our portfolio.”
Shreve went on to say, “We look forward to bringing a couple thousand more units into our portfolio and to integrating them with the technology and systems that have enabled us to remotely manage all of our properties.”
The locations of these new Illinois facilities include:
- 715 S Moreland Rd, Bethalto, IL
- 719 US Highway 150 E, Galesburg, IL
- 3745 N 1475 East Rd, Heyworth, IL
- 1102 E Morton Ave, Jacksonville, IL
- 1125 Hickox Dr, Lincoln, IL
- 9659 US Hwy 136, Macomb, IL
- 1039 W Jefferson St, Morton, IL
- 610 E Jasper St, Paris, IL
- 9514 S Powell Rd, Peoria, IL
- 826 S Ewing Dr, Pontiac, IL
- 7708 Plummer Business Dr, Troy, IL
- 812 E Walnut St, Washington, IL
Storage Express also has a half dozen expansion and new build projects underway throughout Indiana.
Storage Express is part of the Extra Space Storage family, operating hundreds of self storage facilities across Illinois, Indiana, Kentucky, and Ohio. With 24/7 rental centers, top-notch customer service, and quality self storage in a variety of sizes, we have the space you need at Storage Express. Find self storage in Illinois today!
