Sheridan Village Self Storage has opened in Pembroke Pines, Fla., as part of a mixed-use project. The property at 16602-16660 Sheridan St. comprises 63,654 square feet of space.

January 29, 2018

1 Min Read
Sheridan Village Self Storage Opens as Part of Pembroke Pines, FL, Mixed-Use Project

Sheridan Village Self Storage has opened in Pembroke Pines, Fla., as part of a mixed-use project. The property at 16602-16660 Sheridan St. comprises 63,654 square feet of space.

The first phase of Sheridan Village, completed in December 2016, included 15,098 square feet of ground-floor retail fronting Sheridan Street. Phase two, completed last December, added another 14,029 square feet of retail and 34,527 square feet of climate-controlled storage on the second and third floors.

Open daily, the storage facility features electronic access, video cameras, and a retail store that sells moving and packing supplies. Customers have access to online billpay and reservations, and the option to purchase tenant insurance. The onsite management will also accept packages on behalf of tenants.

The $14.23 million construction loan was secured by Holliday Fenoglio Fowler L.P. (HFF) on behalf of construction firm ANF Group Inc. and its affiliated company, Sheridan Real Estate Group LLC, according to a press release. Mercantil Bank provided the seven-year, fixed-rate loan. The HFF debt-placement team included senior director Scott Wadler and associate Jesse Wright.

HFF is a provider of commercial real estate and capital-markets services to self-storage and other commercial sectors. The company and its affiliates offer a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, and loan sales and servicing.

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