By Bill Hipsher, Storage.com
Self-Storage Software Provider Centershift Acquired by Yardi
Real estate software firm Yardi Systems has acquired Centershift Inc., a provider of cloud-based software for the self-storage industry. Centershift will continue to operate from its offices in Salt Lake City.
“We are extremely pleased to be joining the Yardi team,” said President and CEO of Centershift James Hafen. “We have long recognized that the self-storage industry was underserved when it came to technology. The breadth of services that Yardi brings to the table surpasses everything self-storage operators have come to expect from the technology available to them today. Joining Yardi introduces new possibilities to this increasingly sophisticated market, and that is an exciting prospect for all of us.”
Yardi Systems is a designer, developer, and supporter of software for real estate investment management and property management. The privately held firm is one of the largest employers on the South Coast with 519 employees as of last year.
Source: Pacific Coast Business Times
StorQuest Self Storage Enters Texas Market
StorQuest Self Storage, run by the real estate company The William Warren Group (WWG), has acquired three facilities in the Dallas-Fort Worth area and one in El Paso. The four properties have a total of 206,806 square feet and more than 1,400 units, and join 102 other locations under the StorQuest brand.
“Expanding the StorQuest Self Storage brand into Texas is another step toward achieving our ultimate goal of having a dominant storage platform,” said President and CEO Bill Hobin. “These assets provide a tremendous value-added opportunity and an ability to capitalize on the continued economic growth of Texas.”
WWG is a privately held real estate company based out of Santa Monica, CA. Founded in 1994, WWG develops, acquires, and operates self-storage facilities in Arizona, California, Colorado, Texas, South Carolina, Florida, and Hawaii.
Source: Inside Self-Storage