Real Storage Limited Partnership purchased land for a new multi-story self-storage development in downtown Toronto, Ontario, Canada. The project, currently in the design and permit phase, is the company’s initial entry to the Greater Toronto Area and Eastern Canada market. Construction will begin in spring 2010
The facility will have four stories and approximately 130,000 square feet of climate-controlled space, and incorporate several eco-friendly and energy-saving features. It will also offer a fully enclosed loading dock, video monitoring, security-access entrance and a retail office. The property increases the company’s overall operating portfolio to more than 450,000 square feet of net rentable area.
Based in Calgary, Real Storage is a Canadian-owned partnership focused on the acquisition, development and management of self-storage facilities across Canada.