Investment Real Estate LLC (IRE) announced on Tuesday the closing of its acquisition of a large self storage facility at 117 E. Industry Court in Goldsboro.
The expansive property houses 749 storage units, including 163 climate-controlled and 586 non-climate-controlled, across 103,775 square feet of rental space. The facility is comprised of 19 buildings on 13.44 acres, which also provides for 33 parking spaces.
“Closing on this facility marks an important milestone for IRE’s portfolio,” said Justin Quinto, vice president of acquisitions and asset management for IRE. “We are excited to integrate this property into our network, and our focus on innovation and excellence will unlock the full potential of this asset. This acquisition underscores our commitment to quality investments that remain innovative and retain long-term success.”
This acquisition represents a significant expansion of IRE’s portfolio, aligning with the company’s vision to invest in high-potential assets within strategic markets. The sheer scale of the facility provides a unique platform for future operational enhancements.
Strategically located less than one mile south of Interstate 42’s off-ramp, this acquisition boasts exceptional access to a major corridor that links Raleigh to the North Carolina coast.
Located on Industry Court, the site benefits from robust local traffic and high visibility. The location is a key connector between Patetown Road and North Williams Street, allowing it to be seen by roughly 7,000 vehicles daily.
In a market dominated traditionally by local operators, this acquisition offers great potential for revenue enhancement through professional management and digital rental solutions.
In addition to its exceptional location, the facility is set to benefit from multiple targeted upgrades and comprehensive marketing strategies, all designed to boost occupancy rates. IRE’s proactive approach includes technology-driven management solutions and community engagement initiatives that are expected to drive revenue growth.
