Scottsdale-based 1784 Capital Holdings, LLC, has completed the first phase of its Orange Grove self-storage development at 121 W. Orange Grove in Tucson. Life Storage operates and manages the facility and has begun leasing of the approximately 540 available storage units. Construction is well underway on the second phase of the project, which will add an additional 180 units.
“We are excited to provide a solution to the unmet demand for quality self-storage at the western base of the Catalina Foothills. It is a privilege to be a part of the community,” says Shane Albers, chairman and CEO of 1784 Capital Holdings. “This property offers outstanding features including state-of-the-art security with individually alarmed units. The quality of construction and exceptional interior environment, combined with the unsurpassed service from LifeStorage, has created a top-tier facility in the industry.”
“We selected Life Storage to manage this development because they demonstrate an unwavering commitment to property appearance and quality staffing,” says Kelly McKone, executive vice president of 1784 Capital Holdings. “We find that their professional staff members create a culture at our properties that fosters highly satisfied clients.”
The first phase of the Orange Grove Life Storage facility is now open and contains two levels of space with both climate controlled and non-climate-controlled units, each of which offers vehicle access. The second phase of the project is to be completed May 2018, and features a two-story building containing approximately 180 units. Visit LifeStorage.com or call 1-800-800-3456 for current rates, office hours and availability.
This property is one of several currently being developed throughout the United States by 1784 Capital Holdings, LLC. The company has allocated $250 million for expansion of its national portfolio of institutional-quality, Class A self-storage facilities.
About 1784 Capital Holdings, LLC
Scottsdale-based 1784 Capital Holdings is a leader in the planning, management, and ownership of institutional quality self-storage facilities. The company’s priority is to fulfill the growing demand for quality storage in metropolitan markets, planning and implementing new self-storage facilities and strategically acquiring existing storage properties while also acquiring and repositioning existing big-box retail properties. To learn more about the company, visit www.1784Capital.com.