SoFla firms start building a CubeSmart in Naples

Miami /
Jan.January 28, 2017 11:00 AM

Two South Florida companies have broken ground for their $12.5 million development of a self-storage facility in Naples.

Miami-based Sefira Capital LLC  and Fort Lauderdale-based Diversified Realty Development Co. are developing the 130,000-square-foot, self-storage facility, which will have more than 1,000 storage units. The manager of the Naples facility will be CubeSmart, the fourth-largest owner and operator of self-storage facilities in the United States.

Sefira and Diversified expect the Naples facility to open in summer. The property is located at 3803 White Lake Boulevard in Naples.

Mijael Attias and Aby Galsky formed Sefira Capital in September of 2015. Sefira has entered into joint ventures to acquire the Hilton Hotel in Cocoa Beach and a 170,000-square-foot office park in Tampa.

Diversified as been in business nearly 40 years and has developed three million square feet of non-residential real estate including self-storage facilities, a retail stores, offices, industrial and aviation buildings.


Related Articles

arrow_forward_ios
From left: Dave Benson of Morningstar Properties; Tim Petrillo of Urban Street Development; 125 Northwest Fourth Street in Fort Lauderdale (Urban Street Development, Morningstar Properties, Google Maps)
Morningstar pays $30M for self-storage facilities in Fort Lauderdale’s Flagler Village
Morningstar pays $30M for self-storage facilities in Fort Lauderdale’s Flagler Village
Storage Deluxe's Steven J. Guttman with 330 NW 29 Street (Google Maps, iStock, Storage Deluxe)
Self-storage firm buys Wynwood redevelopment site in Miami for $11M
Self-storage firm buys Wynwood redevelopment site in Miami for $11M
The self-storage facility at 450 Ansin Boulevard in Hallandale Beach with City Line Capital’s President and CEO Rick Schontz and Boundary Companies’ Managing Partner John Wilkinson (Loopnet, City Line Capital, LinkedIn)
Hallandale Beach self-storage facility sells for $23M
Hallandale Beach self-storage facility sells for $23M
Extra Space Storage CEO Joseph D. Margolis and the warehouse at 750 and 780 S. State Road 7 in Margate, Fl. (Google Maps, ExtraSpace.com)
Extra Space Storage acquires Margate warehouse for $22M
Extra Space Storage acquires Margate warehouse for $22M
Michael Lawler, Howard Lorber and Jay Parker (Getty)
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
1930 Northwest 23rd Street with (from left) Shane Neman, Richard Kilstock and David Aaron (Getty, Arkadia, Neman Ventures)
Arkadia buys cold storage warehouse in Allapattah for $5M
Arkadia buys cold storage warehouse in Allapattah for $5M
200 Northwest 79th Street and Todd Amsdell, president and CEO of Amsdell Companies (Credit: Google Maps)
Self-storage facility in Little River sells for $7M
Self-storage facility in Little River sells for $7M
Richard Kayne, Founder and Co-Chairman of Kayne Anderson Capital Advisors, and a rendering of the self storage facility (Credit: TAYLOR / THEUS HOLDINGS, INC.)
Kayne Anderson buys self-storage in West Palm for $15M
Kayne Anderson buys self-storage in West Palm for $15M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...