Update 9/4/19 – The Extra Space Storage facility developed in Knoxville by Miller-Valentine and Coastal Storage has officially opened. The facility at 111 Eubanks Ave. contains indoor and drive-up climate-controlled units. It’s 1.5 miles from the University of Tennessee, Knoxville.
8/30/18 – Real estate development firm Miller-Valentine Group and self-storage developer Coastal Storage Group have broken ground on a three-story self-storage facility in Knoxville, Tenn. The property will comprise 100,300 square feet near the intersection of Western Avenue and University Avenue, according to a press release. Expected to be complete in fall 2019, the site will be managed by Extra Space Storage Inc., a real estate investment trust and third-party management company, and branded under its name.
“Our modern Knoxville self-storage building strives to provide its customers with a storage experience they won’t find anywhere else based on the quality of the units, security features and convenient location,” said Aaron Rowley, a partner in the project.
Miller-Valentine and Coastal are also jointly developing a pair of three-story storage facilities in Murrells Inlet and North Charleston, S.C. In March, they completed construction on a similar property in Goose Creek, S.C. All three projects include “commercial-grade” climate control.
Founded in 1963, Miller-Valentine provides design/build construction, development and property-management services in the Midwest, Southeast and Southwest. The company has built more than 83 million square feet of commercial space and more than 15,000 residential housing units.
Based in Charleston, S.C., Coastal was founded in 2016 by Brent Case of CBC Atlantic, Steve Koewler of the Miller-Valentine Group and Aaron Rowley of Dominion Holdings Inc. The company owns five self-storage facilities in the Charleston market.
Headquartered in Salt Lake City, Extra Space owns or operates 1,568 self-storage properties in 39 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 1.09 million units and 119 million square feet of rentable space.
Extra Space Storage, Website