Hampshire continues self-storage development activity with completion of Extra Space Storage
Perth Amboy, NJ — The Hampshire Companies announced the completion of its latest Extra Space Storage facility at 900 State St. in Perth Amboy. With the completion of the facility, Hampshire has now developed 46 Extra Space Storage facilities across the eastern United States.
Standing at 94,600 s/f, the 697-unit facility is the first institutional-quality self-storage facility to be developed in Perth Amboy. The building incorporates historically referential architecture with each of the features that the modern self-storage customer demands, including a state-of-the-art security system, after-hours keypad access, two elevators, and full climate control for interior units.
Currently, The Hampshire Companies has four self-storage development projects underway across New Jersey and New York, aggregating $80 million in investments, and is targeting another four additional projects with an aggregate value of $68 million in the pipeline.
Leveraging a cycle-tested and data-driven approach to self-storage development, The Hampshire Companies continues to bring institutional self-storage solutions to underserved, high barrier to entry markets across the eastern United States. The firm’s strategic partnerships with two of the nation’s leading self-storage operators, Extra Space and CubeSmart, further enhance its competitive edge and enable the company to continually deliver modern, in-demand assets to markets throughout the I-95 corridor.