Blue Vista,H&M Development JV plans first project
Transactions - DECEMBER 5, 2022

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Blue Vista,H&M Development JV plans first project

by Released

Blue Vista Capital Management and H&M Development have purchased a 100,000-square-foot recreation facility to be redeveloped into a self-storage facility in Hialeah Gardens outside of Miami, Fla.

The self-storage development will consist of a 962-unit class-A, climate-controlled three-story self-storage facility. The project marks the first asset in a long-term programmatic relationship to develop self-storage throughout the Southeastern United States.

Located in an irreplaceable infill site surrounded by a dense residential population, the project is within a three-mile radius of over 20,000 existing and for-sale residential units, as well as key retail spaces including Publix, Home Depot, Starbucks, CVS, Walmart, ALDI, Walgreens and a major shopping plaza. The project is easily accessible to several major highways including Route 27, I-75, and the Ronald Reagan Turnpike, with easy access to downtown Hialeah, Miami International Airport and downtown Miami. The pro

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