PRESS RELEASE
Company Release – 2/10/22
Bethesda, MD – Boundary Companies, a private real estate investment firm, announced the acquisition
of 450 Ansin Boulevard, a stabilized self-storage facility with 900 storage units and 195 rental parking
spaces, located along I-95 in Hallandale Beach, Florida. This property represents Boundary’s eighth self-
storage acquisition and increases Boundary’s self-storage portfolio to over 4,750 units.
“We are excited to enter the Miami market and grow the scale of our self-storage investment with this
acquisition” stated Alex Caffrey, Principal of Boundary Companies. “We view the low absolute rent check
and short lease terms of self-storage facilities as strengths in an inflationary and rising rate environment.”
450 Ansin marks Boundary Fund I’s fifth acquisition during the first year of its investment period. To date,
Boundary has committed just over 50% of the Fund through the acquisition of approximately $135 million
of self-storage, industrial, and build-to-rent townhome investments.
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 https://boundarycompanies.com/.
Media
Alex Caffrey
Principal
Boundary Companies
(240) 396-1409
acaffrey@boundaryco.com