Leitbox Storage Partners, a self-storage investment and development platform based in Birmingham, Alabama, announced today the topping off of their latest project at 5350 US Hwy 1 in Vero Beach, Florida – Harbor Point Storage. This 2-story, 5th Generation LB Prototype with 50,483 net rentable square feet will offer 24-hour access, state-of-the-art security, including fenced and gasted premises and continuous surveillance for the 314 climate-controlled units and 55 outdoor Boat & RV Parking.
“We are thrilled to top off this project and expand our presence to Vero Beach,” said Bill Leitner, Founder and CEO of Leitbox. “This development continues our recurring ability to execute on our programmatic, vertical development strategy and couldn’t be more excited to see this facility open.”
The property is ideally positioned at a six-lane intersection, right next to a thriving Publix-anchored shopping center, just off the Florida turnpike. SW Martin Highway, which sees 22,000 vehicles per day, is a feeder for both the Florida Turnpike as well as I-95 and is the entryway into Stuart Florida, one of the most affluent areas of Florida. For more information about the development please visit www.harborpointstorage.com.
About Leitbox Storage Partners
Leitbox Storage Partners (“Leitbox”) is a real estate investment company that develops and acquires selfstorage (often with mixed use & retail integration) in primary and secondary markets throughout the United States. In addition to programmatic, greenfield development of vertical self-storage, Leitbox utilizes its 30+ year history in the retail and mixed-use sectors to identify and acquire retail, big-box conversion opportunities and income-producing, storage facilities presenting value-add upside potential.
Contact
Angela Darden adarden@merchantsretail.com
