We are pleased to announce the official opening of our newest self-storage facility located at 5 Resnik Road, Plymouth, MA 02360. This state-of-the-art facility stands ready to serve clients, marking another significant milestone in Basis Industrial’s ongoing expansion.
Our commitment to excellence and precision led us to acquire this land in November 2021. By March 2022, we initiated construction on what would become a modern, three-story facility. Now, after approximately 16 months, we have successfully completed a facility that spans 111,000 square feet, housing 806 climate-controlled units, equipped with advanced security systems. We are pleased to collaborate with Public Storage, who will be managing the facility. This is the second location Basis has opened since its rebranding from MCSS Properties.
Basis Industrial selected Plymouth for this facility using its proprietary sourcing methods. The site was especially attractive due to the low supply of premier storage facilities, a growing population, and an increasing average household income. The acquisition of this development site was an off-market transaction.
Basis Industrial’s expansion isn’t limited to Plymouth. We are currently progressing on 15 storage projects across the U.S., each reflecting our unwavering commitment to quality and service.
Anthony Scavo, president and COO of Basis Industrial, highlighted the significant progress of the company with the inauguration of the state-of-the-art self-storage facility in Plymouth, MA. Since the initial land acquisition in November 2021, the dedicated Basis Industrial team has been instrumental in transforming this vision into a tangible reality.
Thank you to our clients and partners for your continued trust as we expand and elevate our services. Our operations span key U.S. regions, from South Florida to Los Angeles, showcasing our dedication to fostering growth and delivering value. If you’re interested in exploring the opportunities within the self-storage investment sector, please visit basisindustrial.com or reach out at email@example.com.
About Basis Industrial
Basis Industrial is a vertically integrated real estate owner and operator formed by industry veterans and sponsors Jay Massirman, Stephen Garchik and Daniel Weinstein. Basis brought Anthony Scavo on as COO/President to run day-to-day activities of the company. Together they have over 100 years of combined Real Estate Development and Management experience. It has deep roots in the self-storage and industrial sectors. Basis currently owns over 2.5 million square feet of self-storage and industrial real estate and is scheduled to close another 1 million square feet in 2023. Active markets for Basis include South Florida, Pennsylvania, New Jersey, New York, Texas, Boston, Los Angeles and select urban markets nationwide. In total, the sponsors have developed and managed over 13.5 million square feet of real estate assets including self-storage, industrial, retail, office and residential. BaySpace is the property management arm of Basis. For more information, visit www.basisindustrial.com or www.bayspace.com.