Investment Real Estate LLC (IRE) today announced the off-market acquisition of a fully leased self storage facility at 133 Route 22 in Pawling, New York. The property, which features 370 climate-controlled units and one commercial space, is housed in one building, situated on 2.7 acres of land. In addition to this, IRE plans to expand the existing four parking spaces to a total of 19.

“Procuring this well-positioned facility reinforces our commitment to strategic investments that deliver future growth,” said Justin Quinto, vice president of acquisitions and asset management for IRE. “Our strategy is to secure assets that not only perform well today, but also offer significant upside through planned operational upgrades and market expansion. This investment is a testament to our focus on quality and long-term vision.”  

Strategically placed in the rapidly growing Hudson Valley, the location benefits from a diverse range of customers, ranging from New York City commuters to outdoor recreation enthusiasts. This area is in the midst of robust regional growth, prompting a heightened demand for modern storage solutions. Previously owned and operated by a local manager, this acquisition presents sizable potential for long-term value and growth. 

The addition of the Pawling, New York, location reinforces IRE’s commitment to targeting properties that combine both prime location and scalable operational improvements. The existing modern infrastructure and proximity to commuter routes ensure immediate income, as well as the opportunity for future enhancement.