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DENVER, Dec. 7, 2023 ~ VanWest Partners, a Denver-based commercial real estate investment firm specializing in self storage, recently broke ground on a new project at 2425 S. Colorado Boulevard in Denver, Colorado. The 5-story building will consist of over 93,000 square feet of Class A, climate-controlled self storage units and is expected to open in the first quarter of 2025.
The previous building on the site was a two-story, Class C office building built in 1978 and has since been demolished. The project team consists of Galloway Architecture as the Architect and Civil Engineer and Waner Construction as the General Contractor. Construction financing was provided by Wintrust Financial.
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Jacob Vanderslice, a principal at VanWest Partners, expressed his excitement for the project: "Most of our self storage asset base is outside of Colorado, and we're thrilled to have a new project underway in our hometown. There's a general lack of quality self storage options in the submarket, and we look forward to serving our customers in southeast Denver when we open in early 2025."
The location sits in a primary retail and commercial corridor with more than 4,300 planned or under-construction multi-family units expected to be delivered within the submarket. Construction is expected to last approximately 14 months with a targeted store opening in early 2025.
The previous building on the site was a two-story, Class C office building built in 1978 and has since been demolished. The project team consists of Galloway Architecture as the Architect and Civil Engineer and Waner Construction as the General Contractor. Construction financing was provided by Wintrust Financial.
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Jacob Vanderslice, a principal at VanWest Partners, expressed his excitement for the project: "Most of our self storage asset base is outside of Colorado, and we're thrilled to have a new project underway in our hometown. There's a general lack of quality self storage options in the submarket, and we look forward to serving our customers in southeast Denver when we open in early 2025."
The location sits in a primary retail and commercial corridor with more than 4,300 planned or under-construction multi-family units expected to be delivered within the submarket. Construction is expected to last approximately 14 months with a targeted store opening in early 2025.
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