Real estate firm Broward Development LLC received approval to build a three-story self-storage facility in Jacksonville, Fla. The development will be the company’s fifth storage site in the city, according to a press release.
Slated to open in late 2017, the property will be managed by self-storage real estate investment trust Extra Space Storage Inc. The 2.8-acre property along Deerwood Park will comprise 100,000 square feet of storage space in 700 climate-controlled units.
Broward was represented in the transaction by Scott Davis, a development manager with Cantrell & Morgan, a commercial real estate brokerage firm based in Northeast Florida.
Founded in 2015, Broward is based in Atlanta.