Delta Citation Acquires Tower Mini-Storage in Montana
Deal News | Mar 04, 2025 | EIN
Delta Citation, a vertically integrated commercial real estate developer based on the East Coast, has announced the acquisition of Tower Mini-Storage, a well-known facility located in Saint Ignatius, Montana. This acquisition is Delta Citation's inaugural real estate acquisition in Montana, highlighting the company's strategic expansion into the region. The facility has been a trusted resource within the St. Ignatius community, and Delta Citation, led by Principal Ray Miller, intends to honor its legacy through enhanced customer service. As part of this transition, new digital enhancements will be introduced, including a user-friendly online portal for tenant account management, billing, and facility information access. Delta Citation is affiliated with Haley Builders, Inc., a Virginia-based commercial construction firm, which supports its broader mission of acquiring and developing undervalued industrial and commercial real estate. This acquisition underscores Delta Citation's commitment to maintaining reliable and secure facilities and embracing technological enhancements to improve customer experiences.
Sectors
- Commercial Real Estate
- Storage and Warehousing
Geography
- United States – The companies involved are based in the United States; the acquisition is of a facility in Montana.
- Montana – The acquired facility, Tower Mini-Storage, is located in Saint Ignatius, Montana.
- Virginia – Delta Citation, the acquiring company, is based in Virginia.
Industry
- Commercial Real Estate – The acquisition involves commercial real estate, specifically the purchase of a storage facility.
- Storage and Warehousing – The article discusses the acquisition of a storage business, which falls under storage and warehousing.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Delta Citation | Bidding Company | Company | A vertically integrated commercial real estate developer specializing in acquisitions and developments. |
| Tower Mini-Storage | Target Company | Company | A well-established storage facility serving the Saint Ignatius, Montana area. |
| Haley Builders, Inc. | Affiliate/Supporting Company | Company | A commercial construction firm based in Ashland, Virginia, affiliated with Delta Citation. |