For nearly a decade, The Ritchie Group (TRG) has been intrigued with the performance of self storage as an asset class, evaluating self storage opportunities as they have come across their desks. The challenge of developing self storage in Salt Lake City, Utah, (TRG’s home base) is oversupply - and correspondingly, low rents. One deal evaluation led TRG to Ben, then a broker specializing in self-storage, and the eventual partnership with Ben and Daniel.
The Ritchie Group is a Utah-based private equity and real estate development firm with 40 years of experience. The Ritchie Group has developed residential, commercial, and industrial real estate in markets ranging from Hawaii to North Carolina and is now bringing its experience and development resources to self storage in the Portland market.
Learn more about The Ritchie Group and several of its portfolio companies by visiting theritchiegroup.com.
Press Release—FOR IMMEDIATE RELEASE
Get Space believes that self storage doesn't have to be complicated. While self storage is innately built around utility, Get Space mixes it with a little simplicity and beauty to achieve amazing results. Focused in the Pacific Northwest initially, Get Space is developing multiple new facilities with a systematic development approach not seen in self storage development before. Learn more at getspace.com.
Get Space : Daniel Lyman : (503) 974-4248 : firstname.lastname@example.org