Self Storage Facility Opens in Miami-Dade Market

Go Store It Self Storage, an affiliate of Madison Capital Group Holdings, has opened a facility in Opa-locka, Fla., in the Miami-Dade market. The five-story Class A facility at NW 27th Avenue offers 777 climate-controlled storage units.

The 107,000-square-foot Go Store It building, designed by Ken Carlson Architects, features a façade inspired by Opa-locka’s rich history and Moorish Revival architecture, including keyhole-arched windows and other Moorish architectural elements, honoring the city’s character. The facility boasts 78,450 net rentable square feet in a variety of unit sizes.

DC Construction served as the general contractor, and FrontRange Capital Partners, a Denver-based real estate private equity firm specializing in growth capital and property investments, capitalized the project.

National growth

Earlier this year, Go Store It opened a storage facility in Pico Rivera, Calif. Farmers and Merchants Bank of Long Beach provided $10 million in construction financing for the project’s construction. The company also recently opened a 120,033-square-foot self storage facility in Jacksonville, Fla., which was subject to an $8.5 million construction loan provided by Susser Bank. Go Store It recently entered the California market, opening a 70,000-square-foot  property in Monterey Park in the greater Los Angeles metro.