Joint venture partners Federal Capital Partners® (FCP) and Self Storage Zone announce the sale of the Taylor Street Self Storage Zone located in the Brookland neighborhood of Washington, DC. The 1,022-unit facility was the result of the redevelopment of 645 Taylor Street, NE, the former Capital Area Food Bank, into a three story, 78,600 square foot, 100% climate-controlled, self-storage facility. Completed in October 2013, the facility offers Washington, DC residents quality storage ranging from 5’ x 5’ lockers to garage sized 10’ x 30’ units.
“Taylor Street was FCP’s first self-storage investment and we are very pleased with the performance of this facility,” said FCP Vice President, Chris LoSapio.
FCP and Self Storage Zone are currently under construction on the development of a site at 1850 New York Avenue, NE in Washington, DC that will result in a 112,775 square foot self-storage facility containing approximately 1,381 units. Completion for the 1850 New York Avenue site is scheduled for mid-2016.
Comments
Post a Comment