15 Dec Extra Space Storage
Jonesboro, GA
BCDC and ADEVCO have joined in a JV to develop a self-storage facility at 8500 Tara Blvd Jonesboro, GA. The property will meet the underserved and growing demand for self-storage in the submarket, where current and historical occupancy levels for existing facilities in the submarket average in the 90%+. The climate-controlled building is approximately 80,000 NRSF and incorporates approximately 795 units. The three-story steel and masonry structure is designed to incorporate a decorative exterior facade to meet local planning authority requirements, includes a loading dock, two (2) service elevators, and state of the art CCTV and card access security systems. The site enjoys a signalized intersection and daily traffic counts in excess of 30,000 cars per day. The property will be branded and professionally managed by Extra Space Storage asset management.
Location
Jonesboro, Georgia
Team
Co-Sponsors: BCDC/ADEVCO
Lender: Renasant Bank
Architect: Stinard Architecture
General Contractor: Integra Construction
Project Type
Climate Controlled Self-Storage