Eagle Storage Portfolio

The Eagle Storage Portfolio comprises two facilities in Upstate South Carolina, located in Anderson and Walhalla, totaling 42,175 NRSF across 348 spaces. The Anderson location represents approximately 72% of total portfolio NRSF, providing the majority of the portfolio’s scale, while Walhalla adds exposure to Oconee County and the Lake Keowee area.​

Both properties are currently operating below stabilized occupancy, with Anderson at 75.2% SF / 72.8% economic occupancy and Walhalla at 73.9% / 72.4%, resulting in blended portfolio occupancy of approximately 74.9% SF and 72.7% economic. While recent new supply has weighed on historical occupancy, competitive conditions are expected to improve as newly delivered inventory continues to absorb and population growth supports additional storage demand. Over the next five years, population is projected to increase approximately 3.2% in Anderson and 2.1% in Walhalla, providing a favorable backdrop for continued lease-up across both assets.​

Together, the portfolio offers two distinct demand profiles within Upstate South Carolina, combining the greater scale and demographic depth of Anderson with Walhalla’s limited competitive supply and proximity to Lake Keowee. The offering provides investors with an opportunity to acquire an established two-property platform with additional revenue growth potential through continued absorption and improved operating performance.​ ​ ​