Miami City Self Storage Buys Six Sites in Miami-Dade County for 1M SF of Self Storage Space

MIAMI — Miami City Self Storage LLC, a South Florida-based developer of infill self storage facilities, has closed on the purchase of six land parcels in Miami-Dade County. The company plans to develop approximately 1 million square feet of self storage space at the new sites. The land parcels include 1100 N.E. 79th St. in Miami; corner of N.W. 5th Avenue and N.W. 36th Street in Miami; corner of S.W. 3rd Avenue and S.W. 11th Street in Miami; corner of S.W. 137th Avenue and S.W. 6th Street in Sweetwater; N.E. 151st Street in North Miami near Biscayne Landing; and S.W. 28th Lane off of U.S. 1. Each facility will have roughly 1,000 climate controlled units and be managed by a self storage REIT. Miami City Self Storage LLC is a joint venture between real estate industry veterans Jay Massirman, Stephen Garchik and Steve McBride.