Casey Storage Solutions Opens a Brand New Self-Storage Store on Route 9 in Shrewsbury, Massachusetts

    SHREWSBURY, MA, August 19, 2015 /24-7PressRelease/ -- PhilMor Real Estate Investments, LLC and Casey Property Management, LLC are pleased to announce the grand opening of its newest self-storage store in central Massachusetts at 757 Boston Turnpike in Shrewsbury, MA 01545. Construction of the newly developed 63,000 rentable square foot self-storage property was completed this August.

The new store will operate under the brand name Casey Storage Solutions (http://www.caseystoragesolutions.com). The property will be managed by Casey Property Management, LLC.

The development brings Casey Storage Solutions' holdings to twelve self storage properties consisting of over 670,000 square feet and over 5,300 self storage units. Casey Storage Solutions operates self storage properties in Massachusetts, Vermont, Rhode Island and Connecticut.

Morgan Hanlon, co-founder and co-managing member of PhilMor Real Estate Investments, LLC and founder of Casey Property Management, LLC commented "We are very proud to be a new member of the Shrewsbury community. Shrewsbury is a very vibrant place to live and work. We are very excited to be a part of Shrewsbury's growth story."

Conveniently located adjacent to the Price Chopper at the intersection of route 9 and South Street, the store boasts several state-of-the-art customer conveniences. "Our self storage property was designed to meet the highest expectations of our customers," said Philip Bakalchuk, co-founder and co-managing member of PhilMor Real Estate Investments, LLC, "We offer exterior and interior units that provide customers drive-up storage units or direct access to interior, temperature-controlled units. We also offer conveniences such as moving trucks and boxes. Video surveillance equipment and electronic coded gate provide added security."

Access hours for the store will run from 6:00AM to 9:30PM seven days a week. The office will be open from 9:30AM to 6:00PM, Monday thru Friday, 9:00AM to 4:30PM on Saturdays and 10:00AM to 2:00PM on Sundays.

Enterprise Bank of Lowell, Massachusetts provided the debt financing for the project.

PhilMor Real Estate Investments, LLC is a vertically integrated real estate investment company that develops, acquires, owns and operates commercial real estate, primarily in the self storage and multifamily sectors. The company's self storage portfolio, located in central and western Massachusetts, southern Vermont, Connecticut and Rhode Island, is operated under the brand name Casey Storage Solutions and is managed by Casey Property Management. The self storage portfolio consists over 670,000 net rentable square feet and 5,300 self storage units. The multifamily portfolio consists of approximately 550,000 net rentable square feet in 630 apartment units located in the suburban Boston market.

For more information, please contact Morgan Hanlon (ph: 646 649-2586; email: [email protected] or Phillip Bakalchuk (ph: 617 797-6768; email: [email protected]).

# # #