Hampshire-Harrison Street JV to Develop Self-Storage Facilities from Boston to DC

James E. Hanson II, President and CEO of The Hampshire Companies

PROVIDENCE, RI—A joint venture of Morristown, NJ-based Hampshire Companies and Harrison Street of Chicago will be developing institutional quality self-storage facilities along the I-95 corridor in markets in the Southeast and Northeast sections of the US.

The firms say the new self-storage facilities will be developed from Boston to Washington, DC. Hampshire and Harrison Street also announced that the joint venture’s first self-storage property will be the ground-up development of a seven-story self-storage facility along Interstate 95 in Providence, R.I. The project is expected to break ground in the first quarter of 2019. The two firms pointed to Providence’s high population density, superior accessibility and lack of institutional quality facilities as key reasons why they jointly decided to develop the self-storage property there.