Move It Storage Expands Footprint with New Property in Sherman, Texas
Updated: Aug 30, 2019
Dallas-Based Company Leverages Experience to Continue Growth in Storage Management
DALLAS, Aug. 30, 2019 – Move It Storage, a leading company in the self-storage industry, today released details on a recent acquisition of the third-party management of facility in Sherman, Texas. Move It Storage is an independent self-storage operator and a Participating Regional Operator (PRO) with National Storage Affiliates Trust (NYSE: NSA) and currently operates 54 properties across six states.
“We are excited to add the Sherman property to the Move It portfolio and bring our management expertise this market,” said Tim Springer, vice president of property operations for Move It Storage. “We strive to provide a personal touch to our customers, through a focus on our people, while also providing significant value to our investors and our third-party management clients. The Sherman relationship grew out of Move It Storage’s presence in the Texas market and presented an opportunity to partner with a third-party owner within our existing footprint.”
The Sherman property currently consists of 50,435 net rentable square feet, containing 308 units, of which 97 are climate controlled. An additional phase of approximately 12,000 square feet is due for completion by October 1, adding 44 large non-climate-controlled units. Move It Storage–Sherman will be a registered U-Haul dealer and offer moving supply retail sales. The property will operate six days a week to serve customers, with an onsite manager during office hours.
As both independent operator and third-party management advisor, Move It Management has experienced significant growth since its founding in 2013. With over four decades of experience in the storage industry, founder A. Starke “Tracy” Taylor, III and his management team have utilized their expertise to fuel their expansion, both in size and in operational capability.
Move It Storage is also committed to the growth of its third-party management services. As a third-party manager, Move It Storage performs its duties in a careful, diligent, and professional manner to maximize revenue efficiency while minimizing expenses for the property owner. Move It Storage orients its management philosophy around five key points—facilities, people, marketing, revenue management, and budget/business plan. Whether a property is stabilized or in lease-up, each of these areas is a necessary component to successful performance. Third-party owners can benefit from Move It Storage’s REIT-level management platform while still leveraging the experience, judgment, and personal touch of Move It Storage’s management team.
Please visit moveitstorage.com or moveitstorage.com/storage/texas/storage-units-sherman for additional information.
About Move It Storage
The Move It Storage companies are privately-owned companies chartered to acquire and manage self-storage facilities. A. Starke “Tracy” Taylor, III, founded Move It Storage in 2013 as a new venture after a four-decade partnership in the storage industry operating under the tradename Watson & Taylor Self Storage. Over forty years, Watson & Taylor acquired, developed, and managed multiple asset classes of real estate, including developing, acquiring, operating, and selling more than 100 self-storage properties. Move It’s senior management team are all Watson & Taylor alumni.
Headquartered in Dallas, Texas, the Move It Storage companies employ over 120 dedicated people, managing over 4.4 million net rentable square feet of storage and 30,000 customers across six states. Move It is an independent self-storage operator and a Participating Regional Operator (PRO) with National Storage Affiliates Trust (NYSE: NSA), a publicly traded real estate investment trust (REIT).
Move It is a family business that operates on Christian values. The purpose of Move It is to honor its employees, customers, investors, and vendors with honesty, diligence, and excellence. Inside Self Storage and MINICO have consistently recognized Move It Storage as one of the Top 25 self-storage operators in the country.