Safeguard Self Storage Acquires New Facility in Miami Shores, Florida

Safeguard Self Storage Completes the Purchase of a Piece of Land for a New Facility at 11455 NW 7th Avenue in Miami Shores, Florida. End Quote

Miami, FL (1888PressRelease) April 11, 2016 - Safeguard Self Storage has announced the purchase, on March 4th, 2016, of a land parcel to build a self-storage facility on NW 7th Avenue in the Miami Shores neighborhood just north of Miami, Florida. The store will be the 75th for the company nationally when completed and the 15th in the South Florida market. The Allapattah development just south of this site, which will be the company's 14th store in South Florida, is under construction and slated to open early next year.

"The Florida market is important for Safeguard and this purchase will build on the company's efforts to develop real critical mass there," said Jim Goonan, Safeguard's Senior Vice President of Development. "We have been building in Florida for well over a decade."

The 74,875 leasable square-foot facility will provide 948 storage units in various sizes including three out-buildings with 14,100 RSF of drive-up storage product. Amenities at this location will include heating/air conditioning, drive-up loading area, computer-controlled building access and digital/video recording of the property. The site is located immediately adjacent to the very busy Route 95 and the design is intended to communicate the brand boldly to the tens of thousands of cars driving by daily. More glass and strong branding should give a boost to brand awareness in this marketplace.

Mark B. Rinder - Executive Vice President and Chief Financial Officer
Safeguard Self Storage | Atlanta
3384 Peachtree Rd. | 4th Floor
Atlanta, GA 30326
phone: 404-264-7525
mobile: 404-449-3171
fax: 404-264-7541
email: mrinder ( @ ) safeguardit dot com
www.safeguardit.com

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