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20

Jernigan Capital Continues Self-Storage Expansion

By Tony Seruga

The company has closed a $20.1 million investment Miami. The 96,295-square-foot facility will be developed by Mequity LLC and is slated for completion by 2019.

Jernigan Capital Inc. has closed $20.1 million in investment capital to develop self-storage facilities in Miami. The new project will comprise 96,295 rentable square feet. Developed by Mequity LLC., construction is expected to begin in the second quarter of 2018 and is slated for completion by the third quarter of 2019.

At NW 27^th St., between the Dolphin Expressway and Tamiami Trail, the facility will be located in Little Havana, in a densely populated residential area that currently offers limited self-storage options. NW 27^th St. is a north-south thoroughfare that accommodates daily traffic of more than 48,000 vehicles…

Jernigan Capital Continues Self-Storage Expansion

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