Leitbox Storage Partners Announces Full-Cycle Storage Disposition of Its Columbus, OH Facility
July 28, 2021 | Leitbox Storage Partners
BIRMINGHAM, AL – July 28, 2021 – Leitbox Storage Partners, LLC, a vertically-integrated, self storage investment and development platform, based in Birmingham, Alabama, announced today its disposition of its 118,000 SF self storage facility located in the southwest Columbus, Ohio market.
Leitbox developed the property and completed the sale in under 21 months. Bill Leitner, Founder and CEO of Leitbox, commented, “We are thrilled with the full-cycle liquidation of our Columbus, Ohio asset. This disposition continues our recurring ability to execute on our programmatic, vertical developments strategy, coupled with the added benefit of generating liquidity at certificate of occupancy, basically the day we open.”
This asset was developed on a 1.5 acre parcel in suburban Columbus, OH. A three-story, vertical design spans approximately 118,000 SF of 100% climate-controlled units. The facility offers all unit sizes spanning 864 units.
About Leitbox Storage Partners
Leitbox Storage Partners (“Leitbox”) is a real estate investment company that develops and acquires self-storage (often with mixed use & retail integration) in primary and secondary markets throughout the United States. In addition to programmatic, greenfield development of vertical self-storage, the founder utilizes his 25+ 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.
Contact:
Karen George
kgeorge@leitbox.com
