StoragePRO Acquires Storage Investment Management, Inc.
On January 1, 2025, StoragePRO acquired New York-based management company Storage Investment Management, Inc. (SIMI). This acquisition is a testament to StoragePRO’s commitment to expanding its national footprint.
The SIMI portfolio, containing 20 properties, adds 1 million square feet and over 8,700 units to the StoragePRO Management portfolio now totaling over $2 billion in assets. The growth into 20 new cities and 4 new states expands StoragePRO’s leadership position and highlights its dedication to providing independent owners with cutting-edge technology, systems, and operational expertise needed to compete and thrive in today’s market.
“I am honored to continue the great work and legacy of Charlie Fritts,” said Steve Mirabito, President and Founder of StoragePRO Management. “With this acquisition, StoragePRO will provide SIMI clients with the advanced technology and systems to maximize the value of their assets. We are excited to build new partnerships throughout New England and the Mid-Atlantic, and we look forward to helping owners achieve long-term success in this competitive market.”