Search
 

Self-Storage Fund Launches Targeting Southeast

Madison Capital Group is behind the $250 million initiative.

By Erika Morphy | November 15, 2024 at 05:50 AM

Madison Capital Group, a Charlotte-based real estate investment and development firm, has unveiled its latest venture: the Go Store It Opportunity Fund, LP. This initiative, with a quarter-billion dollar capacity, aims to capitalize on the burgeoning self-storage market across the Sun Belt region, with a particular focus on the Southeast.

Go Store It Self Storage, an affiliate of Madison Capital Group, will oversee the fund’s operations. The plan includes acquiring under-managed facilities with potential for improvement, pursuing pre-stabilized properties at attractive valuations, and targeting stabilized assets in high-demand areas. Additionally, the fund will engage in the development of new storage facilities in strategic locations throughout the region.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.