Orange, CA, USA, 10/07/2015 /SubmitPressRelease123/
Store Here, LLC, a joint venture between certain affiliates of Westport Capital Partners LLC and Store Here Management LLC, has purchased five facilities in Georgia and one in Indiana. Store Here Management LLC will manage the properties.
“Acquisitions in the third quarter of 2015 brought us closer to our goal of a strong regional presence in Georgia and an expansion in one of our focus states, Indiana. We are confident that bringing these new assets into our existing portfolio, which now totals over two million rentable square feet, will allow us to continue building our scale. These acquisitions help bring critical mass to these markets, enhancing our regional presence. Applying our operational processes to these assets and enhancing the customer experience will be the key to our success. We continue to identify potential acquisitions in our existing markets, while evaluating opportunities in new ones.” said James J. Hanrahan, Acquisitions Director of Store Here Management, LLC
About Westport Capital Partners LLC
Westport Capital Partners LLC is a real estate investment firm specializing in the opportunistic real estate arena. Westport provides domestic and international investment opportunities to institutional and private clients. Through its various funds, the firm invests in a wide variety of distressed and opportunistic real estate assets. The firm has offices in Wilton, Connecticut, Los Angeles, California and London, England. For more information regarding Westport Capital Partners LLC, visit www.westportcp.com.
About Store Here Management LLC is a property management and investment company with an acquisition and analysis division focusing on the self-storage industry. RHW Capital Management Group, the operating partner of Store Here Management LLC, was founded in 2012 by industry veterans, with over 70 years of combined experience, to provide a stable source of funding and management. Store Here currently has 29 self-storage facilities in their portfolio with over 2 million rentable square feet under management. RHW plans to expand the Store Here brand with an aggressive strategy, which includes acquiring additional assets and securing new management contracts. For more information call James J. Hanrahan (949)427.8311 or visit www.storehere.com.