Direct Equity Source Announces Strategic Partnership with AAA Storage to Expand Self-Storage Portfolio
August 02 2024 - 4:49PM
Direct Equity Source, a leading real estate private equity firm, is
pleased to announce a strategic partnership with AAA Storage, an
industry-leading self-storage company. Direct Equity Source, via
its recently formed fund, will be the largest single investor in
AAA Storage’s current multi-property Growth Fund I, and
significantly expand its self-storage portfolio across the United
States.
This partnership combines Direct Equity Source's extensive
experience in real estate private equity and financial acumen with
AAA Storage's operational expertise and industry-leading storage
solutions. Direct Equity Source’s investment will expand AAA’s
ability to develop, acquire, and manage state-of-the-art
self-storage facilities, and office/industrial flex properties in
key markets, enhancing accessibility and convenience for
customers.
AAA’s Growth Fund I, plans to add over 6 new self-storage, and 3
flex space property locations in Texas, Florida, and North Carolina
over the next twelve months. Leveraging AAA Storage's cutting-edge
technology and customer service excellence, the new facilities will
offer secure, clean, and easily accessible storage options. The
development of new storage and office/flex facilities is expected
to create numerous job opportunities and stimulate local
economies.
Stephen Lawrence, Manager of Direct Equity Source, stated, "We
are thrilled to partner with AAA Storage, a leader in the
self-storage industry. This collaboration aligns with our growth
strategy and commitment to providing high-quality real estate
solutions and investment opportunities.
Paul Bennett, President of AAA Storage, added, "Our partnership
with Direct Equity Source represents a significant milestone for
AAA Storage. By combining our operational strengths with Direct
Equity Source's investment capabilities, we are well-positioned to
expand our footprint and serve more customers with top-notch
storage solutions."
For more information about this partnership and future projects,
please visit www.directequitysource.com.
About Direct Equity Source:Direct Equity Source
is a premier real estate private equity firm specializing in the
acquisition, development, and management of diverse property types.
With a commitment to excellence and innovation, Direct Equity
Source delivers superior returns for investors while fostering
sustainable growth in communities.
About AAA Storage:AAA Storage is a leading
developer and operator of self-storage solutions, offering secure,
clean, and affordable storage units across the United States. With
a focus on customer satisfaction and operational excellence, AAA
Storage ensures a seamless storage experience for both personal and
business needs.
For more information, please contact:
Stephen Lawrence Manager Direct Equity Source 512-326-3326
info@directequitysource.com