Friday, August 30, 2024

DXD Capital completes development of new 103,964-SF self storage facility in Kapolei, Hawaii

 

                       New, Class A self storage facility 

                          at  91551 Kapolei Kai Street 

                                    in Kapolei, HI 


KAPOLEI, HI, Aug. 30, 2024—DXD Capital, a private equity investor and self storage developer, announced the opening of a brand new, Class A storage facility in Kapolei, HI in partnership with InSite Self Storage. Financial details were not disclosed.

 

The facility, located at 91551 Kapolei Kai Street, offers 1,079 individual storage units totaling 103,964 net rentable square feet. This multi-story, 100% climate-controlled facility is a rare offering in this market.

 

SecureSpace will manage this facility. PB Brown was the general contractor and delivered the project ahead of schedule.

The property was acquired in November 2021. To date, DXD has invested in nineteen self storage developments and one seven-facility portfolio acquisition across the United States.

Drew Dolan

“Kapolei was one of the first sites we identified for DXDs first closed-end fund, but fast forward, it is one of three ground-up self storage developments we have in Hawaii," said Drew Dolan, Principal and Fund Manager. "InSite has been a great partner, and we are excited to see them nail the lease-up with SecureSpace management.”

DXD Capital is a data-driven real estate private equity company focused solely on the self storage sector. DXD utilizes proprietary tools to access data and source compelling investments for its investors.

 

Contact:

 David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association 

of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry.  I do what I love and love what I do.”

 www.dxd.capital.

 

JLL Capital Markets leads sales efforts for the newly delivered Dove Valley Logistics Center II warehouse in Englewood, C0

  

Dove Valley Logistics Centre II, 
a 304,620-SF Class Awarehouse
in Englewood, CO

 DENVER, CO – JLL Capital Markets brokered the sale of Dove Valley Logistics Centre II, a 304,620-square-foot Class A warehouse in Englewood, Colorado. The price was not disclosed.

Sean Devaney 


JLL worked on behalf of the seller, BlueScope Properties Group, in the sale to LBA Realty.


The JLL Investment Sales and Advisory team was led by Senior Managing Director Sean Devaney and Director Rob Key.

 

“The sale of Dove Valley Logistics Center II underscores the strong investor demand for industrial product in Denver's Southeast submarket,” said Key. “With its strategic location providing connectivity to the entire Denver metropolitan area, particularly South Denver and the growing population along the I-25 corridor, it comes as no surprise that this submarket continues to attract institutional capital.”

 

        Matt Roth
The cross-dock warehouse built in 2023 boasts best-in-class features, including 89 dock high doors, 36-foot clear height, 60-foot column spacing, and ESFR sprinklers.

 

Additionally, the property has 6,700 square feet of office space, complete with an employee break area, wellness room, conference room and security station. The property is 100% leased to a leading e-commerce giant.

 

Located at 7800 S Fairplay St. in Denver’s Southeast submarket, the property provides excellent access to both I-25 and E-470 and resides within close proximity of the highest concentration of executive housing in the entire Denver metro area.


 Rob Key
“This was our second development and sale in the Southeast Denver market, and JLL came through again with delivering a fantastic tenant and running a first-in-class sales process,” said Matt Roth, President of BlueScope Properties Group. 


“LBA’s approach to due diligence and purchase process was completely professional and seamless, and I congratulate LBA on acquiring this Class A facility.”


Contact:

 Grace Lewis

PR, Capital Markets

JLL

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

 

BlueScopePropertiesGroup.com