Bethesda, MD – Boundary Companies, a private real estate investment firm, announced the acquisition of the Lock It Up Storage Portfolio, a collection of self-storage assets located in Fredericksburg, Virginia. The acquisition adds approximately 760 storage units and rental parking spaces to Boundary’s self storage portfolio.
“We are excited to add these high-quality, stabilized assets to our portfolio” stated Alex Caffrey, Principal of Boundary Companies. “Fredericksburg is projected to be one of Virginia’s fastest growing regions over the next several years providing strong demand for storage in the future.”
The Lock It Up Storage Portfolio represents the first acquisition for Boundary’s recently closed discretionary fund.
About Boundary Companies
Boundary Companies, founded in 2014, is a privately held real estate investment firm based in Bethesda, Maryland. Boundary focuses on real estate acquisition and development across a wide variety of asset classes with a goal of meeting the highest needs of its stakeholders. Boundary’s portfolio totals over five million square feet and spans a range of core, value-add, and opportunistic investment profiles. To learn more about Boundary Companies, visit http://boundarycompanies.com/