{"id":1004177940,"date":"2017-05-23T08:18:43","date_gmt":"2017-05-23T16:18:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004177940"},"modified":"2022-12-08T18:49:29","modified_gmt":"2022-12-09T02:49:29","slug":"jernigan-capital-invests-in-tampa-self-storage-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-tampa-self-storage-project\/","title":{"rendered":"Jernigan Capital Invests in Tampa Self-Storage Project"},"content":{"rendered":"

By Robert Demeter<\/em><\/p>\n

\"Tampa<\/a>

Tampa Skyline<\/p><\/div>\n

Jernigan Capital Inc. has closed on a $9.2 million self-storage development investment in Tampa, Fla., selecting Phillips Development & Realty to build\u00a0the proposed 70,888-square-foot facility.<\/p>\n

The project will be located in an area of Tampa\u00a0with significant population growth, namely on Falkenburg Road, near the Selmon Expressway. The development will be less than a mile from Top Golf and Bass Pro Shop as well as Westfield Brandon Shopping Centre, a high-end shopping mall with national retailers and restaurants.<\/p>\n

Construction is expected to start near the beginning of the third quarter of 2017 and is scheduled for completion by the end of the second quarter of 2018.<\/p>\n

Jernigan Capital and Phillips Development & Realty have previously co-invested<\/a> in two other self-storage development projects. Since January 2017, Jernigan has closed 14 investments in new self-storage projects for an aggregate amount of $164.8 million. CubeSmart will manage each of these facilities upon completion.<\/p>\n

Photo via iStock Photos<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The facility will be located in an area of the metro with significant population growth and will be completed by the end of the second quarter of 2018.<\/p>\n","protected":false},"author":49,"featured_media":1004177979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21783,21742,1612],"tags":[35721,33293,35375],"class_list":["post-1004177940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-investment","category-latest","category-tampa","tag-cubesmart","tag-jernigan-capital","tag-phillips-development-realty"],"acf":[],"yoast_head":"\nJernigan Capital Invests in Tampa Self-Storage Project - 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-tampa-self-storage-project\/\" \/>\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 Tampa Self-Storage Project\" \/>\n<meta property=\"og:description\" content=\"The facility will be located in an area of the metro with significant population growth and will be completed by the end of the second quarter of 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-tampa-self-storage-project\/\" \/>\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=\"2017-05-23T16:18:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:49:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/iStock-469953525.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-tampa-self-storage-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jernigan-capital-invests-in-tampa-self-storage-project\/\",\"name\":\"Jernigan Capital Invests in Tampa Self-Storage Project - 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