RALEIGH, NORTH CAROLINA
WEST SOUTH STREET
410 West South Street
120,000 SF climate controlled, 4-story ground up self-storage development
The facility contains 800 climate controlled units, along with 3,000 SF of ground floor retail. The property is adjacent to over 7,500 new multi-family units built over the past 60 months. Additionally, city planning has implemented an agenda to curb the amount of self-storage development making the current inventory serving the market the likely balance of new deliveries for the near future.
The investment opportunity was sourced through ECM’s professional network. The site was not marketed to the public. The site was acquired in 2016 and construction was completed in Q2 2018