Safeguard Self Storage Opens New Facility in Miami

Update 3/19/18 – Safeguard Self Storage has opened its new facility in the village of Miami Shores. The site is about six miles north of the company’s Design District location in Miami. The new site is managed by Arnoldo Montenegro and Brian Rangel, according to a press release.

“The location of this facility, immediately adjacent to [Interstate] 95, trumpets the Safeguard brand and is impossible to miss. This facility will help Safeguard attain critical mass in this important market,” said CEO Mark Degner.

Safeguard has been in the Florida market since opening its first facility on West Hillsboro Boulevard in Coconut Creek in 2002. “These 13 facilities, located in the Miami/Dade and Broward Counties, provide great name and brand recognition and a critical mass for the company,” said Ken Finlay, executive vice president of operations.

The company has five additional properties in various stages of development in the state as well as 13 other projects underway in Illinois, Louisiana, New York, New Jersey and Pennsylvania, according to Goonan.


4/13/2016 – Safeguard Self Storage, which operates facilities throughout the eastern states, has purchased 1.75 acres of land in Miami on which it plans to build a new facility. Once complete, it will be the company’s 15th self-storage facility in South Florida and 75th nationwide.

The parcel at 11459 N.W. 7th Ave. is just west of Interstate 95 in the village of Miami Shores. The three-story facility will comprise 74,875 square feet of storage space in 948 units, which includes three buildings encompassing 14,100 rentable square feet of drive-up storage. It will feature 12 parking spaces, climate control, computer-controlled building access, a drive-up loading area and video cameras.

Safeguard acquired the land from Donald Kressly and Gary Sisler of I 95 Frontage LLC. The facility will be designed by Sullivan Goulette & Wilson Ltd. Alberto J. Torres, an attorney with Holland & Knight, represented Safeguard during the application process.

“The Florida market is important for Safeguard, and this purchase will build on the company’s efforts to develop real critical mass there. We have been building in Florida for well over a decade,” said Jim Goonan, senior vice president of development.

Safeguard has another property under construction just south of Miami Shores in the community of Allapattah. It’s expected to open next year. The company also opened another Florida facility in 2015 and expanded two others in Miami.

Founded in 1989 and headquartered in Atlanta, Safeguard operates facilities in Florida, Illinois, Louisiana, New Jersey, New York and Pennsylvania. The company is owned and operated by Morgan Stanley’s Prime Property Fund.

Sources:
OpenPR: Safeguard Self Storage Purchases Land for New Facility in Miami Shores, Florida
South Florida Business Journal: Safeguard Storage Plans Facility Off Interstate 95 in Miami-Dade
Chicago Evening Post, Safeguard Self Storage Expands in Florida

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