LOS ANGELES, CALIFORNIA | SEPTEMBER 2019 – US Storage Centers, in partnership with global real estate investment manager Invesco Real Estate, has completed development of a 1,440 unit, 142,000-square-foot self storage facility located at 1901 W. El Segundo Boulevard in Compton, California.
“We are very excited to be opening our first store in Compton,” said Charles Byerly, President and CEO of US Storage Centers. “This facility fits perfectly into our existing Southern California strategy where our company started.”
Byerly continued by saying “We look forward to a long and lasting business relationship with the City of Compton, its great community and people. We love acting on our core values and to be able to give back to the Compton community gives us an opportunity to show them we are here to stay and will be a good business partner for years to come.”
Ideally located just minutes from the Interstate 105 freeway, this facility features drive up access, climate control, passenger elevators, industry leading security system, moving supplies and moving carts.
Invesco Real Estate is a global leader in the real estate investment management business with $69.9 billion in real estate assets under management, 519 employees and 21 regional offices across the U.S., Europe and Asia (as of 06/30/19). Invesco Real Estate has been actively investing in core, value-add and opportunistic real estate strategies since 1992. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd. Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.
About US Storage Centers
Founded 1985, US Storage Centers is an owner / operator of self storage facilities across the country. The Company is a fully integrated operator that develops, acquires and manages its portfolio—additionally, the Company provides third-party management services. As of June 2019, it has over 9 million rentable square feet under management and employs approximately 350 people nationwide. US Storage Centers is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $6 Million and Charity Storage has raised over $370,000.