LOS ANGELES - January 31, 2022 - (Newswire.com)
The Class A two-story property offers 191,950 net rentable square feet of storage spread across 1,681 units. At over one-quarter mile long, the property includes a heavy mix of drive-up units in addition to fully climate-controlled spaces.
Located at 6200 Garfield Ave. in Commerce, a densely populated Los Angeles suburb eight miles southeast of Downtown, the facility is situated on a major thoroughfare with traffic counts of 25,000 vehicles per day.
Chris Chan, Director of Acquisitions at Trojan Storage, notes, "This was an extremely challenging multiyear entitlement in a high barrier to entry and supply-constrained market. We first identified the asset in 2018 and are thrilled to finally be open for business. The facility is well-positioned for success not only due to a lack of storage in the market, but also spillover demand from industrial users in the area."
The property is also located in a federally designated opportunity zone.
About Trojan Storage
Trojan Storage, located in Redondo Beach, California, is a vertically integrated owner, operator, and developer of self-storage facilities co-founded in 2007 by Brett Henry and John Koudsi. The company currently owns and operates 33 facilities in the West Coast and Midwest and has a pipeline of 13 projects in high barriers to entry coastal markets.
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Original Source: Trojan Storage Announces the Grand Opening of a 191,950 Square Foot Facility in Commerce, California