Clark Investment Group Expands Security Self-Storage Facility in Wichita, KS
Clark Investment Group (CIG), a real estate investment firm specializing in self-storage, is adding two buildings to a Security Self-Storage facility it owns in Wichita, Kan. The expansion will add 10,500 square feet and 40 storage units to the property at 12515 E. Central Ave. The project is expected to be completed by December.
September 12, 2014
Clark Investment Group (CIG), a real estate investment firm specializing in self-storage, is adding two buildings to a Security Self-Storage facility it owns in Wichita, Kan. The expansion will add 10,500 square feet and 40 storage units to the property at 12515 E. Central Ave. The project is expected to be completed by December.
CIG is undergoing a portfolio expansion. The company is finalizing renovation plans for another Security Self-Storage location in Wichita, and Stephen Clark II, vice president, said CIG has nine additional storage projects in various stages of development, according to the source. Four of the projects are in New York, with two others in Connecticut, two in Texas, and one in Florida.
Ink Construction LLC is the general contractor for the Central Avene project, and Innovative Construction Services Inc. is the designer, the source reported.
Founded in 1979, Security Self-Storage operates more than 50 facilities in Colorado, Florida, Kansas, Missouri, New Mexico, Ohio and Texas.
Based in Wichita, CIG is a private real estate development and investment company. Its portfolio includes more than 5 million square feet of industrial, office, retail and hospitality real estate. The firm owns 65 self-storage facilities comprising more than 35,000 units, and also provides equity capital to the industry.
Sources:
Wichita Business Journal: Clark Investment Group expanding its Security Self-Storage facility on East Central
You May Also Like