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From Its Origins as Self-Storage Franchisor, Hampshire Grows Self-Storage Empire

Hampshire developed the new Westwood, NJ, facility with a joint venture partner, First Westwood Realty, and it will be managed by Extra Space Storage.

By Steve Lubetkin | Updated on October 24, 2017

Extra Storage, 15 Madison Ave., Westwood, NJ Extra Storage, 15 Madison Ave., Westwood, NJ

WESTWOOD, NJ—After entering the self-storage marketplace in the late 1990s, first as a Storage USA franchisor, then as a developer and now as an owner and operator, The Hampshire Companies has grown a significant portfolio of self-storage properties, adding its 37th Extra Space Storage facility earlier this month. Hampshire has repositioned and developed 52 self-storage facilities with an aggregate value of over $585 million.

Hampshire developed the 100,000-square-foot, 916-unit self-storage facility at 15 Madison Avenue, Westwood, NJ, with a joint venture partner, First Westwood Realty, and it will be managed by Extra Space Storage.

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