INVESTMENT REAL ESTATE EXPANDS PORTFOLIO WITH STRATEGIC ACQUISITION IN ANDOVER, NEW JERSEY
Investment Real Estate LLC (IRE) today announced the acquisition of a self-storage facility in Byram Township, Sussex County, New Jersey. Located along the high-traffic Route 206 corridor, the property adds 480 storage units and 53,350 square feet of rentable space to IRE’s Moove In Self Storage portfolio.
“This acquisition aligns perfectly with our strategy to invest in high-visibility and high-demand markets,” said Justin Quinto, vice president of acquisitions & asset management at IRE. “Route 206 sees approximately 15,000 vehicles daily, and the facility’s proximity to Lake Hopatcong, a premier vacation destination for New York City residents and surrounding communities, positions it for sustained growth. We’re excited to bring Moove In’s customer-focused approach to this thriving area.”
The newly acquired property comprises two buildings, offering a mix of drive-up and climate-controlled storage units. Its location along Route 206 provides superb access and visibility. In addition to this, its proximity to Lake Hopatcong enhances appeal to seasonal visitors and local residents alike. The facility will join Moove In’s network of over 80 locations, spanning the Mid-Atlantic, Northeast and Midwest regions.
ABOUT IREGC
Founded in 1998, the Investment Real Estate Group of Companies (IREGC) has grown to become a national leader in the self storage industry with more than 100 employees developing, building, acquiring and operating more than 80 facilities under the Moove In Self Storage brand across the Mid-Atlantic, Northeast and Midwest regions. Locally owned and operated, IREGC is guided by its core values: do the right thing; be enthusiastic, engaged and competitive; work hard and work smart; be positive; be compassionate and authentic; and have fun and celebrate success
This is a ChamberMaster template generated page, please click on the link to see full details of this specific page.