As appeared on bisnow.com
By Jarred Schenke, Bisnow Atlanta
Mar 9, 2023
Capital Growth Buchalter hired former Public Storage development executive Mike Vahle to work alongside Managing Partner Eric Buchalter with plans to develop, acquire and reposition self-storage facilities mainly throughout the Southeast and Sun Belt markets. The new company is named Capital Growth StoreGuard.
Its debut acquisition is a 39K SF, 358-unit storage facility in Hinesville, Georgia, where the firm plans to add another 12K SF and 137 units.
Buchalter said he sees StoreGuard’s opportunity in consolidating the self-storage sector, which is mainly held by independent owners, according to a press release.
