Sarasota company expands self-storage footprint to Florida’s East Coast

A private investment group based in Sarasota that specializes in self-storage and retail centers is growing its footprint on the East Coast of Florida.

Baldwin-Howell Properties LLC recently acquired a 2.63-acre parcel in West Palm Beach, according to a statement from the company, which says it plans to develop a self-storage facility on the site. The company paid $2.8 million for the property, according to Baldwin-Howell Properties Vice President Jordan Farrales.

Baldwin-Howell, which specializes in the acquisition and development of self-storage and retail shopping centers, already owns self-storage properties totaling more than 550,000 square feet, according to the statement. Its portfolio includes eight Extra Space Storage facilities, including two in Clearwater and one each in Pinellas Park, St. Petersburg, Sarasota, Tampa and Venice as well as Columbia, South Carolina, Farrales says.