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Go Store It Self Storage Breaks Ground in Opa-locka

Madison Capital Group, a FrontRange platform company, announced it recently broke ground on the Go Store It Opa-locka self storage development in Opa-locka, FL (Miami MSA). FrontRange committed $6.6 million of LP equity for the development. The press release below contains additional details on the transaction.

Charlotte, NC – Go Store It Self Storage (GSI), an affiliate of Madison Capital Group Holdings, has broken ground on their newest location in Opa-locka, Florida in Miami-Dade County.

In 1926, the City of Opa-locka was developed by Glenn Curtiss who was inspired by Arabian Nights, a collection of Middle Eastern folk tales. As a result, Moorish characteristics and design have been deeply ingrained throughout the city creating the largest collection of Moorish Revival architecture in the Western Hemisphere. As an homage to the locality, the façade of GSI’s newest location will feature soaring keyhole-arched windows and ubiquitous Moorish architectural elements. “These elements are designed to fit the character of the City of Opa-Locka and surrounding neighborhoods,” said GSI’s Development Partner, Ben Walden. “This Go Store It location will fill the need for self storage but not at the cost of an unsightly development. Our team is proud to reinforce existing design characteristics and protect the qualities that make this area unique.”

This Class A building is strategically located along the main thoroughfare of NW 27th Avenue which connects Boca Raton to Miami. Upon completion, this five-story, 107,000 square foot facility will feature 777 climate controlled storage units. Tenants will enjoy peace of mind with a state-of-the-art security system and other on-site amenities. The project will be delivered by DC Construction Associates, Inc. in early 2024.

“We remain committed to investing in Florida, and this Class A facility will offer residents much needed storage,” said Ryan Hanks, CEO.

The project was capitalized with FrontRange Capital Partners located in Denver, Colorado. FrontRange is a real estate private equity firm specializing in growth capital and property investments in partnership with high growth real estate companies in the multifamily/residential, industrial, self storage, office, and hospitality sectors. Since its founding in 2010, FrontRange has committed more than $1 billion of equity capital to investments throughout the United States. For more information, please visit www.frontrangecap.com

About Go Store It Self Storage

Based in Charlotte, North Carolina, Go Store It is a privately held self storage development and management company. Dedicated to providing customer-focused storage solutions, Go Store It takes exceptional customer service to new heights, introduces unique concepts to the market, and maximizes profitability for investors. To learn more about Go Store It, visit GoStoreIt.com.

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