{"id":1004165675,"date":"2017-02-01T07:53:29","date_gmt":"2017-02-01T15:53:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004165675"},"modified":"2022-12-09T00:34:32","modified_gmt":"2022-12-09T08:34:32","slug":"jernigan-capital-invests-in-atlana-self-storage-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-atlana-self-storage-facility\/","title":{"rendered":"Jernigan Capital Invests in Atlanta Self Storage Facility"},"content":{"rendered":"

By Mihaela Coste<\/em><\/p>\n

\"Self<\/a>

Self storage facility<\/p><\/div>\n

Vinings, Ga.<\/strong>\u2014 Jernigan Capital Inc. has closed a $13.6 million investment for a proposed self-storage project in Vinings, the company announced recently. The developer of the project is Mequity LLC, an Atlanta-based real estate development company specializing in self-storage facilities.<\/p>\n

The project is expected to break ground\u00a0in the second quarter of 2017 and to be completed in\u00a0the second quarter of 2018. Development involves the conversion of an existing building as well as the construction of an additional multi-story climate-controlled facility. The proposed 103,561-square-foot asset will include 1,118 units and the buildings will be interconnected.<\/p>\n

The facility is conveniently situated just off an exit to Interstate 285 and will serve the Vinings\/Smyrna area, a rapidly growing suburb northwest of Atlanta.<\/p>\n

Jerningan Capital is a REIT that provides debt and equity capital to private developers, owners and operators of self-storage facilities. The proposed development is the first co-investment for Jernigan Capital and Mequity.<\/p>\n

Image via Public Domain Pictures website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The project involves the conversion of an existing building and the construction of a new climate-controlled facility.<\/p>\n","protected":false},"author":1192,"featured_media":1004165699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21783,21742],"tags":[33293],"class_list":["post-1004165675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-investment","category-latest","tag-jernigan-capital"],"acf":[],"yoast_head":"\nJernigan Capital Invests in Atlanta Self Storage Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-atlana-self-storage-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jernigan Capital Invests in Atlanta Self Storage Facility\" \/>\n<meta property=\"og:description\" content=\"The project involves the conversion of an existing building and the construction of a new climate-controlled facility.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-atlana-self-storage-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-01T15:53:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/storage-warehouse-facility2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"939\" \/>\n\t<meta property=\"og:image:height\" content=\"704\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mihaela Coste\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/\"},\"author\":{\"name\":\"Mihaela Coste\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/84db22c1406ebbb161906ccf4f43d508\"},\"headline\":\"Jernigan Capital Invests in Atlanta Self Storage Facility\",\"datePublished\":\"2017-02-01T15:53:29+00:00\",\"dateModified\":\"2022-12-09T08:34:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/\"},\"wordCount\":176,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/02\\\/storage-warehouse-facility2.jpg\",\"keywords\":[\"Jernigan Capital\"],\"articleSection\":[\"Atlanta\",\"Deals\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jernigan-capital-invests-in-atlana-self-storage-facility\\\/\",\"name\":\"Jernigan Capital Invests in Atlanta Self Storage Facility - 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