Spartan Investment Group (Spartan), a Colorado-based privately held real estate investment firm specializing in the self-storage industry, announced that it has closed on a new ground-up self-storage development in Port Wentworth, Georgia, expanding its portfolio into the growing Savannah market.
“Having seen substantial economic and population growth, the expanding need for self-storage in the Savannah market is undeniable. Our team is ready to meet that demand with a new state-of-the-art facility in Port Wentworth,” said Ryan Gibson, CIO and Co-Founder at Spartan. “With this development, we’re not just building a facility, but creating a solution that aligns with the growth of the area’s business and residential storage needs.”
Located at 100 Mulberry Ave., construction on the facility is estimated to be completed by the end of 2024. The new ground-up self-storage project will include 738 units across 74,088 net rentable square feet of storage space. The Class A facility will featureclimate-controlled storage and top-tier amenities in a prime location near shops and new housing in the Port Wentworth area.
Over the last several years, Spartan has built a robust portfolio of self-storage facilities throughout Georgia—including FreeUp Storage in LaGrange, Macon, Sharpsburg, and more. The new Port Wentworth location will be its 17th self-storage facility under the FreeUp brand in the state, marking its expansion into Chatham County and the Savannah market. For more information, visit www.spartan-investors.com.
