VESTA Modular, a Birmingham, MI firm that offers modular buildings for sale or lease as well as turnkey modular construction services across North America, announced it has acquired 76 classroom units in Florida, which will be immediately leased to school districts in the state. The acquisition is the latest in the company’s continued expansion into the commercial space-rental business.
VESTA’s efforts were led by the company’s Southeastern team and represent another step in the diversification of VESTA’s business.
Over the last year, VESTA has focused a substantial amount of its efforts to grow in the modular leasing segment. “While management and our investors have been focused on a variety of modular applications, we firmly believe in the growth potential of the commercial leasing business and are committed to that segment,” says VESTA CEO, Daniel McMurtrie.
With the addition of these classrooms, VESTA is currently providing modular buildings and services from coast to coast. The company continues to focus on worker housing, commercial buildings, and modular building solutions — offering both sale and lease options to its customers. VESTA was founded on the belief that modular construction and buildings will continue to gain market share in North America while the company’s Investor Group (Soaring Pine Capital, LLC) has continued to fuel the company’s efforts to gain share in this growing field.