Companies Join Forces For Vegas Project
San Diego-based JK
Investment Properties, Inc. and StorageOne Partners, LLC are embarking
on a joint venture to develop a new self-storage facility in Las Vegas.
The facility is part of the newly developed Simmons Market Place, which
is anchored by a Wal-Mart super center.
Ken Weiner and Jeff Quinn, principals of JK Investment Properties,
formed Ann Road JK Investment, LLC to make the investment, and they will
serve as managing members. StorageOne and its affiliates will construct
the buildings and provide property management on what will be the 24th
self-storage facility operating under its brand name in Las Vegas.
Capitalization for the project stood at $2.2 million, and it will be
constructed on a 3.24-acre site featuring 76,420 net rentable square
feet and 36 covered RV spaces.
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As seen in the September 2004 issue of Mini-Storage Messenger. |
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