Developments

MCSS – Pembroke Park

Address: 1781 S Park Rd Hallandale Beach, FL 33009

MCSS Pembroke Park is a full-service state-of-the-art self storage facility, that offers customers clean, secure, flexible, easily accessible and convenient storage spaces. The site is owned by the Sponsor. The project opened in February 2018. In addition, the facilities are staffed by professional bilingual sales people focused on the highest level of customer service. The Property offers the latest in high tech amenities including a concierge-style hotel front desk, state-of-the-art security, motion activated cameras, intercoms and sensor lighting.

Reserve Unit

MCSS – Midtown

Address: 490 NE 36th St Miami, FL 33137

The MCSS 36th Street Self Storage project is an approximately 111,000 gross square foot mini-warehouse project built on a 1/2 acre of raw land in the design district of Miami. The project contains approximately 77,500 net rentable square feet in one seven-story building. It has approximately 1,000 units of self-storage, which are 100% climate controlled. Access to the seven-story building will be at grade on the first floor with the remaining six floors accessible via elevators. There are two elevators located at the loading area of the building near the office, for convenient access and loading for the customers.

Reserve Unit

MCSS – Upper Eastside

Address: 1100 NE 79th St Miami, FL 33138

The Kennedy Causeway (79th street) Self Storage project is approximately 112,430 gross square foot mini-warehouse project to be built on a 1/2 acre of raw land located at 1100 NE 79TH ST, MIAMI, FL 33138 North Miami. The project will contain approximately 76,050 net rentable square feet in one five-story building. When completed, it will have approximately 922 units of self-storage, which will be 100% climate controlled. Access to the five-story building will be at grade on the first floor with the remaining four floors accessible via elevators. There will be two elevators located at the loading area of the building near the office, for convenient access and loading for the customers.

Reserve Unit

MCSS – Ft Lauderdale

Address: 812 NW 1st St Fort Lauderdale, FL 33311

Based on independent analysis of Self Storage demand, supply and competitive positioning of the subject site within the expanding downtown Fort Lauderdale market, the 812 NW 1st Street project represents a favorable GEN-V quality self-storage facility.  The multi-level building has a gross floor area exceeding 100,000 square feet with a net rentable area of approximately 86,400 ft. of climate-controlled storage.

Reserve Unit

MCSS – Davie Florida

Address: 5678 SOUTH UNIVERSITY DRIVE, DAVIE, FL 33328

The development is located at 5678 South University Drive, Davie, FL 33328. Based on independent analysis of area self-storage demand, supply, and competitive positioning of the subject site, we believe there will be significant demand for the project.  This metropolitan area is densely populated with over 126,000 residents living in a 3 mile radius. Over the next 5 years population growth is expected to increase at a moderate pace given the job creation and the wave of new development in the area.

Reserve Unit

MCSS – Grove 2

Address: 2500 SW 28th Lane Miami, FL 33133

The project is located at 2500 SW 28th Lane Miami, FL 33133. Based on independent analysis of area self-storage demand, supply, and competitive positioning of the subject site, we believe there will be significant demand for the project. This metropolitan area is densely populated with over 220,000 residents living in a 3 mile radius. Over the next 5 years population growth is expected to increase at a moderate pace given the job creation and the wave of new development in the area.

Pacific Storage Partners – Van Nuys

The asset is strategically located in close proximity to five major submarkets, Sherman Oaks, Northridge, North Hollywood, Mission Hills and Woodland Hills. The site is situated on 2.27 acres in the busy Van Nuys business corridor, blocks from Van Nuys Airport and the San Diego (I-405) Freeway. The site benefits from superior regional access and visibility.

Pacific Storage Partners – Inglewood

The asset is strategically located in close proximity to Beverly Hills and Culver City, two affluent areas where self storage is prohibited. Additionally, the 1.2 acre site is within short commuting distance to technology and employment hubs including Santa Monica, Playa Vista and El Segundo. These Cities will no longer support self-storage development which creates a significant supply and demand imbalance. In addition, the City of Inglewood is in the process of constructing a new Metro Rail which will provide economic benefit and new employment opportunities within the immediate area. The Metro Rail will also provide public transportation to the new Los Angeles Rams stadium at Hollywood Park in Inglewood. Commuters on the Metro Rail will have direct visibility to the subject site.

MCSS – Brickell

Address: 1103 SW 3rd Ave, Miami, FL 33130

The Brickell Self Storage project is an 111,600 gross square foot mini-warehouse project built on 0.4 acres of raw land in Brickell. The project contains approximately 74,388 net rentable square feet in one eight-story building. Access to the eight-story building will be at grade on the first floor with the remaining seven floors accessible via elevators.

SOLD

MCSS – Coconut Grove

Address: 2434 SW 28th Ln Miami, FL 33133

The Coconut Grove Self Storage project is an approximately 80,000 gross square foot mini-warehouse project built on approximately 1/3 acre of land (with an existing structure) in the US 1 south corridor of Miami at the entrance of Coconut Grove. The project will contain approximately 51,700 net rentable square feet in one eight-story building. It has 570 units of self-storage, which are 100% climate controlled. Access to the eight-story building is at grade on the first floor with the remaining seven floors accessible via elevators. There are two elevators located at the loading area of the building near the office, for convenient access and loading for the customers.

SOLD

MCSS – Sweetwater

Address: 590 Northwest 137th Avenue Miami, FL 33182

The Sweetwater Self Storage project is approximately 100,000 gross square foot mini-warehouse project built on approximately 1 acre of land on 6th Street & 137th Avenue. The project contain approximately 75,000 net rentable square feet in one three-story building. Access to the three-story building will be at grade on the first floor with the remaining two floors accessible via elevators.

SOLD

MCSS – Pembroke Pines

Address: 18460 Pines Blvd Pembroke Pines, FL 33029

The project is located at 18460 Pines Blvd, Pembroke Pines, Florida. Based on independent analysis of area self-storage demand, supply and competitive positioning of the subject site, we believe there will be significant demand for the project. Pembroke Pines is densely populated with over 160,000 residents with a median household income of over $61,000. Over the next 5 years population growth is expected to increase at a rapid pace given the job creation and the wave of new development in the area.

SOLD

MCSS – Doral

Address: 4001 NW 77th Street, Doral Florida 33178

The development is located at 4001 NW 77th Avenue, in Doral, Florida. Based on independent analysis of area self-storage demand, supply and competitive positioning of the subject site, we believe there will be significant demand for the project. This metropolitan area is densely populated with over 220,000 residents living in a 5 mile radius. Over the next 5 years population growth is expected to increase at a rapid pace given the job creation and the wave of new development in the area.

SOLD