Third-party self-storage facility management company Citizen Storage, headquartered in Royal Oak, Michigan, has announced the management takeover of two new properties:
The New Jersey property was taken over on January 25, 2024, while the Pennsylvania property joined the Citizen Storage portfolio on May 8, 2024.
The Cape May Court House, NJ location will be expanded by 30,000 net rentable square feet (NRSF) of climate-controlled units. The Stevens, PA location is undergoing an extensive capital expenditure (CAPEX) program. According to a press release, both properties will receive significant technological upgrades to improve tenant access and convenience, including the ability to open gates using mobile phones.
"We are thrilled to expand our footprint into New Jersey and Pennsylvania," said Peter Spickenagel, CEO of Citizen Storage Management. "These new locations allow us to bring our innovative management approach to new markets, ultimately benefiting property owners and tenants alike."
Steve Lalor and Mark McGuire, owners of BlueFin Capital, the company that purchased the properties and hired Citizen Storage for third-party management, added, "We are confident that Citizen Storage's expertise and cutting-edge technology will enhance the performance of these properties and provide exceptional service to our tenants."
The addition of these properties represents a strategic move for Citizen Storage Management, marking its entry into two new states and markets. The company states that its goal is to continue expanding its presence in these regions, leveraging its proven management strategies to drive growth and success.
Citizen Storage Management manages 15 facilities across six states, with more than 5,500 self-storage units comprising over 700,000 net rentable square feet. For more information, visit CitizenStorageManagement.com.