Design
Location
Location
The Design is typically a vertical, 3+ story building with architectural articulation resembling an urban mixed-use project. Architects call it neo-industrial; our team calls it “urban millennial.” We complement the existing neighborhood architecture with symmetry of materials to adjacent structures. We want to complement the area and thereby enhance underlying real estate values.
Location
Location
Location
The Location is probably the most weighted factor within the fifth-generation definition. The self storage renter seeks convenience, efficiency, and access. The site selection process is almost 100% identical to retail anchor-tenant’s site selection criteria (think Wholefoods, Trader Joe's or Target). Not is ease of access and conve
The Location is probably the most weighted factor within the fifth-generation definition. The self storage renter seeks convenience, efficiency, and access. The site selection process is almost 100% identical to retail anchor-tenant’s site selection criteria (think Wholefoods, Trader Joe's or Target). Not is ease of access and convenience, but safety, security, and openness are major determinants in attracting tenants.
Use
Location
Use
Use is probably the most exciting criteria. Storage is not always "simply storage" - we typically prefer to introduce what we call high-urban-street-front retail. We do not change the scope of the business plan, as this retail component with our projects is usually about 4% of the total SF. We believe this produces a great looking st
Use is probably the most exciting criteria. Storage is not always "simply storage" - we typically prefer to introduce what we call high-urban-street-front retail. We do not change the scope of the business plan, as this retail component with our projects is usually about 4% of the total SF. We believe this produces a great looking storefront, generates jobs, and increases retail sales tax revenue. If we deem the area more appropriate for shared office space, we can execute on this use too. We see this trend becoming systemic and a prerequisite for securing superior sites.