SA Self Storage Investments (SASSI) is developing a new Stor-Age Self Storage facility in Tokai, South Africa. The project is a joint venture between SASSI, Faircape Group, Acucap Properties Ltd. and Nedbank Corporate Property Finance. Faircape is handling the construction. The facility will be the most advanced of its kind in the country, according to SASSI Director Steven Horton.
Designed by Peerutin Architects, the building will be built on a 5,000-square-meter site with more than 400 units. The first multi-story, purpose-built self-storage facility in South Africa, it will feature a concrete frame with brick infill and covered with sheet metal in pillar-box red, Stor-Age’s corporate color. It will include a large retail store to sell packing and moving supplies, and provide a business center where customers can scan, fax and e-mail documents. Stor-Age Tokai is scheduled to open its in October.
SASSI invests in and develops self-storage throughout South Africa. It currently has five facilities under construction or in the planning phases, as well as two operational sites in Edgemead and City Vault. All of the company’s facilities are managed by its partner, Stor-Age Self Storage, a self-storage management company.
Source: Realestateweb.co.za, Sophisticated self storage development goes ahead at Tokai