Grand Opening of State-of-the-Art Self-Storage Facility in Jacksonville, Florida
A joint venture between MacArthur Holdings, DYO Investments, and Live Oak Capital Partners is pleased to open their newest storage facility located at 3909 Philips Highway, just south of the intersection of US-1 and Emerson Street.
This 3-story, 110,000-square-foot facility includes more than 700 climate-controlled and drive-up units. Arco/Murray played a dual role as both the architect and general contractor, and England-Thims & Miller (ETM) served as the civil engineer. Renasant Bank provided the debt financing for the project.
"We're excited to bring this best-in-class facility to a rapidly growing area in Jacksonville," said Brooks Lumpkin with DYO Investments. "This property will be the nicest and most convenient self-storage facility in the area, and we believe it will be a welcome addition to the community."
With construction complete, the property is currently in lease up and is managed by CubeSmart Self Storage.
Ongoing Construction of Jacksonville Property with plans to open in March, 2025
Flex Storage Announces Major Expansion of Self Storage Facility to Meet Growing Community Demand
Flex Storage, a leader in the self-storage industry, is excited to announce the expansion of its self-storage facility located at 7222 Cumming Highway, Canton, Ga. This major expansion will provide additional storage units to meet the needs of both residential and commercial customers in the Canton area. The expansion project will add more than 68,000 square feet and 425 new storage units, including a variety of sizes to accommodate diverse storage needs. The newly expanded facility will also feature state-of-the-art security and access systems, drive-up, climate-controlled and drive-up climate units, and improved access to offer customers a superior storage experience.
“We are thrilled to expand our facility to better serve the growing demand in the Canton community,” said Brooks Lumpkin, Principal at DYO Investments. “This expansion reflects our commitment to providing top-notch storage solutions and superior customer service. We understand that our customers require secure, reliable, and accessible storage options, and this expansion allows us to deliver exactly what our customers want and need.”
Key features of the expanded facility will include:
Increased Storage Capacity: Additional units of various sizes to cater to both personal and business storage needs.
Drive-up and Drive-up Climate Controlled Units: Direct, convenient access to both conditioned and nonconditioned units.
Climate-Controlled Units: New climate-controlled storage options to protect sensitive items from extreme temperatures and humidity.
The project is expected to be completed in 2025 with a grand opening event planned to celebrate the expanded facility and show appreciation to the community for its support.
Solar Now the Main Source of Power for Athens Self-Storage
Solar will now be the main source of power for the CubeSmart Athens facility located at 300 Epps Bridge Road in Athens, GA. The solar installation was completed by Colite Technologies. The system size is 88 KW DC and covers over 6,000 square feet of roofing.
A joint venture between MacArthur Holdings, DYO Investments and Live Oak Capital Partners, this property is being managed by CubeSmart Self Storage and includes a 3-story, 84,000-square-foot, climate-controlled building, more than 13,000 square feet of drive-up storage, and has more than 740 units. It is located just off Atlanta Highway.
" This is the second self-storage facility where we have installed solar panels, and we plan to do the same at most of our other properties." said Steve Tedder project partner with Live Oak Capital Partners. "Not only does solar power offset our energy expenses and enhance the value of our facilities, but we believe this type of sustainable, end-user energy source is the right step for our local communities and the larger environment."
Construction to Begin on New Climate-Controlled Storage Facility in Jacksonville, Florida
A joint venture between MacArthur Holdings, DYO Investments, and Live Oak Capital Partners will bring a new 110,000-square-foot storage facility to 3919 Philips Hwy., just south of the intersection of US-1 and Emerson St. The new property is poised to serve the coveted communities of San Marco, Miramar, and the South bank of Jacksonville.
This facility will be 3 stories tall and include more than 700 climate-controlled and drive-up self-storage units. ARCO/Murray will construct the project on a design-build basis, and Renasant Bank is providing debt financing for the facility.
" We're excited to bring this best-in-class facility to a rapidly growing area in Jacksonville," said Brooks Lumpkin with DYO Investments. "This property will be the nicest and most convenient self-storage facility in the area, and we believe it will be a welcome addition to the community."
Partners Open and then Sell 80,000 Square Foot Self Storage Facility in Davie, Fla.
A joint venture between MacArthur Holdings, DYO Development, and Live Oak Capital Partners has culminated in the opening of an 80,000-square-foot storage facility located south of the intersection of Davie and Stirling Roads, which is on the border between the densely populated yet rapidly growing communities of Hollywood and Davie, Fla.
This facility includes a 4-story, 80,000-square-foot, climate-controlled building, with more than 625 units. DC Construction served as the general contractor and First Horizon Bank provided the debt financing for the project. Kenneth Carlson Architect and Thomas Engineering designed the facility.
“This is by far the nicest facility within the town of Davie, conveniently located off Davie Road and just south of the highly traveled Stirling Road corridor," said Robert Doster of MacArthur Holdings.
With construction completed in August 2022, the property was in lease up when it was sold to an institutional buyer in November 2022.
Construction Completed on Premier 90,000 Square-Foot Self-Storage Facility in Metro Atlanta
A joint venture between DYO Investments, MacArthur Holdings, and Live Oak Capital Partners has completed their newest project, a 90,000 square-foot self-storage facility located at 7222 Cumming Highway in Cherokee County, close to the Northside Hospital Cherokee campus and the rapidly growing neighborhoods in the surrounding area.
This facility is situated on 9.2 acres and includes climate-controlled, drive-up, and drive-up climate-controlled units. Max Design Group was the architect for this new development with the civil engineering provided by Travis Pruitt & Associates. JM Williams was the general contractor on the project, and Renasant Bank provided the debt financing. Flex Storage, a division of DYO Investments, now serves as property manager for the asset.
“We’re thrilled to bring this best-in-class facility to this thriving area of Cherokee County,” said Brooks Lumpkin, owner of DYO Investments. “This is the first Class ‘A’ self-storage property in the area, and we see that it is a welcome addition to the community.”
The property is now open to the public and actively leasing units (www.flexstorage.com).
Partners Open New 110,000 Square Foot Self Storage Facility in Stuart, Fla.
Stuart, Fla. (May 21, 2021) - The partners at Lumpkin Development, MacArthur Holdings, and Live Oak Capital Partners are pleased to announce the opening of their newest self-storage project, a 110,000 square-foot facility located at 700 SW Federal Highway, close to downtown Stuart and the surrounding neighborhoods.
This property is being managed by CubeSmart Self Storage and includes a 4-story, 110-000 square-foot, climate-controlled building with more than 860 units. DC Construction built the facility, and Iberia Bank provided the debt financing for the project.
"We are thrilled to open this state-of-the-art facility in Martin County," said Robert Doster, a partner with MacArthur Holdings. "It is the largest Class 'A' storage property in the booming area of downtown Stuart, and we believe it will be a welcome asset to the greater community."
Lumpkin, Live Oak Acquire 63,000-Square-Foot Self Storage Facility in Seneca, S.C.
Lumpkin Development and Live Oak Capital Partners are pleased to announce the purchase of their newest self-storage project, a 63,000-square-foot facility located at 640 Business Park Dr., just off Wells Hwy. and close to downtown Seneca, S.C.
The property was previously operated under the name of Storage 1. It includes four buildings with climate-controlled and drive-up storage, more than 30 parking spaces, and room to expand. Renasant Bank provided the debt financing for the project.
The facility will be managed by Southeast Storage.
Partners Open New 97,000-Square-Foot Self Storage Facility in Athens, Ga.
The partners at Lumpkin Development, MacArthur Holdings, and Live Oak Capital Partners are pleased to announce the opening of their newest self-storage project, a 97,000-square-foot facility located at 300 Old Epps Bridge Rd., just off Atlanta Hwy. and close to downtown Athens and the surrounding neighborhoods.
This property is being managed by CubeSmart Self Storage and includes a 3-story, 84,000-square-foot, climate-controlled building, more than 13,000 square feet of drive-up storage, and has more than 740 units. Griffco Design Build constructed the facility, and BB&T provided the debt financing for the project.
“We are thrilled to open this state-of-the-art facility in The Classic City,” said Brooks Lumpkin, owner of Lumpkin Development. “It is the largest and closest Class ‘A’ storage property to the booming area of downtown Athens, and we believe it will be a welcome asset to the greater community.”
Partnership Opens New 105,000-Square-Foot Self Storage Facility in West Palm Beach, Fla.
MacArthur Holdings, Live Oak Capital Partners, and South Florida based SROA Capital are pleased to announce the opening of a new 105,000-square-foot climate-controlled self-storage facility located at 1620 North Congress Ave., near the intersection of Palm Beach Lakes Blvd. and I-95, and at the entrance of the Banyan Cay and the new Palm Beach Outlet Mall.
This three-story, mixed-use building includes 830 climate-controlled units and 1,200 rentable square feet of ground floor retail space. BB&T provided debt financing, Brickell Construction was the general contractor, and West Palm Beach based Storage Rentals of America is leasing and managing the facility.
Construction began in June 2017, and the property opened to the public in May 2018.