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Buildings Find New Life as Upscale Self Storage Units

 
October 25, 2017
 
Client Success

Situation

Highland Development Ventures LLC sought to acquire and repurpose existing buildings, including a defunct movie theater and former brewery distribution building, as high-end self storage facilities. 

Result

The developer engaged Husch Blackwell for the $17.74 million deal. Our team assisted with environmental challenges that arose, as well as structuring the financing and partnership with Highland’s equity partner. The nine redeveloped locations bring half a million square feet of high-quality storage space to the communities they serve.

Professionals:

Brad Dallet

Partner

Nida Shakir Ghaffar

Senior Associate
 

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