ProjectsSelf-StorageRadius by LaTerra – Van Nuys Storage
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Status: | Project Design |
Use: | Self Storage |
Size: | 767 climate-controlled self-storage units with 65,245 net rentable square feet |
Architect: | Jordan Architects |
Radius by LaTerra – Van Nuys is located at the epicenter of the Los Angeles San Fernando Valley. The project will bring premium climate-controlled self-storage units to a densely populated area: the square foot per capita within a 3-mile radius of the project is 5.5. There are over thirty multifamily apartment buildings and numerous single-family home neighborhoods within a short drive of the site.
The property is located adjacent to a Target store and will replace a warehouse and industrial building with a new state-of-the-art self-storage facility. The property is planned to include 767 climate-controlled self-storage units with over 65,000 net rentable square feet.
LaTerra obtained entitlements in late 2022 and construction is anticipated to commence in mid-2023.