Leitbox Storage Partners
Leitbox Storage Partners, LLC is pleased to announce the grand opening of a second self-storage facility in Bluffton, SC, right outside of Hilton Head.
The (Hilton Head) HH Annex, conveniently located at 1292 Fording Island Road next to Tanger Outlet Mall, is just half a mile from the original Leitbox HH storage facility at 10 Coastal Drive. The project received its certificate of occupancy on March 1, 2024.
“Leitbox has been working to execute a strategy of micro-monopolies, establishing multiple locations in targeted areas to increase our share of the self-storage market. This new development is just half a mile from our existing Hilton Head facility and will be run as an annex of that asset,” said Bill Leitner, founder and principal of Leitbox Storage Partners, LLC.
Leitner added: “The HH Annex is the second self-storage location we opened in the first quarter of 2024 as part of Leitbox Portfolio Partners Self-Storage Fund II. As we continue to invest Fund II, we will focus on the continued development of the remaining assets under construction, executing our strategy for value-added acquisitions and pursuing the purchase of additional properties.”
The HH Annex offers both climate and non-climate-controlled storage units, boat and RV storage, and Amazon package drop-off and delivery in coordination with the Amazon Hub Center. A.L. Adams Construction Company completed construction of this facility in March 2024. A ribbon-cutting with the community is planned for July 2024.
About Leitbox Storage Partners
Leitbox Storage Partners (“Leitbox”) is a real estate investment company that develops and acquires self-storage (often with mixed use and retail integration) in primary and secondary markets throughout the United States. In addition to programmatic, greenfield development of vertical self-storage, Leitbox utilizes its 30+ year history in the retail and mixed-use sectors to identify and acquire retail, big-box conversion opportunities and income-producing, storage facilities presenting value-add upside potential.
