YourSpace America, Inc., an investment manager specializing in the development of self-storage projects, recently opened a public storage facility at 120 West Owens Avenue, Las Vegas, Nevada 89106.
Fennemore attorneys Brett Siglin and Mark Hawkins worked extensively on behalf of YourSpace America, Inc. in connection with the acquisition, financing, equity syndication and development leading up to the opening of the state-of-the-art 2.39-acre (104,108 SF) 189-unit self-storage facility. The site is in a densely populated residential and commercial area in an Opportunity Zone in Las Vegas that sits adjacent to the I-15 and is visible to over 190,000 vehicles daily.
YourSpace America, Inc. has a proven track record of providing strong investment returns for its partners. Self-storage is known as a very low-risk investment and is characterized by strong cash flows, low break-even margins, and best in REIT universe returns for the last 30 years. YourSpace America provides opportunities across a wide range of brands and self-storage facility providers.