Amsdell Companies acquires storage facility in Georgia for $20.2m
Transactions - APRIL 21, 2023

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Amsdell Companies acquires storage facility in Georgia for $20.2m

by Denise Moose

Amsdell Cos. has acquired Fairburn 85 Self Storage, a 114,000-square-foot facility in Fairburn, Ga., according to multiple media outlets. Coro Realty, in a joint venture with DG Partners, sold the asset for $20.2 million, according to Fulton County records. Cushman & Wakefield represented the seller.

The property, which came online in 2021 and operated under the Extra Space Storage brand, was subject to a $7.5 million construction loan with a maturity date set for 2029, provided by Morris Bank, Yardi Matrix data shows.

Fairburn 85 Self Storage sits on 2.7 acres and encompasses a three-story building, as well as two additional buildings for vehicles and similar storage. The class A facility features 800 climate-controlled units, ranging from 25 square feet to 300 square feet. On-site amenities include video surveillance, elevator access, contactless renting and drive-up access.

The property is located at 7935 Senoia Road, 20 miles from downtown Atlanta

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