The Real Deal Miami

Margate firm to build Plantation self-storage center

Preferred Realty & Development expects to start construction in the first quarter of 2017

September 25, 2016 11:00AM

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Tom Speno

Tom Speno

Margate-based Preferred Realty & Development plans to build a self-storage center in Plantation.

The company expects to start construction in the first quarter of 2017 and open the self-storage center by the end of the year, Tom Speno, director of Preferred Realty, told the Sun-Sentinel.

Speno told the newspaper that the self-storage market wants upscale air-conditioned facilities with ample security: “There’s really a lack of supply of that product.”

Preferred Realty plans to build a three-story self-storage center at 4501 West Sunrise Boulevard in Plantation.

The company will build on a 2.5-acre site, which will have space for future development after the self-storage center opens.

Preferred Realty currently constructing self-storage centers in two other Florida cities, Port Orange and Sanford. [Sun-Sentinel] Mike Seemuth

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