News:
Brokerage
Posted: November 28, 2008
SSG Development starts const. of two Florida self storage projects
According to Gerald Cohen, manager of SSG Development LLC, the company has begun construction on two fully climatized self storage facilities in southern Fla.
The first facility, a five-story 116,000 s/f fully climatized facility is located at 6840 SW 8th St. . The facility is being constructed by SSG Construction LLC and will include 1,000 storage units. The facility should be ready by September, 2009.
In addition to the self storage facility, SSG has an extra land parcel that has been approved for either office or retail use.
The second facility, a four-story 129,000 s/f fully climatized facility is located at 27232 South Dixie Hwy., Naranja. The facility will have complete access to U.S. 1 and 272nd St. In addition to the self storage building, SSG will be providing 37 R.V. and boat storage spaces. The facility will be managed by Extra Space.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Quick Hits
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
