Inland Real Estate Investment Corp. and Devon Self Storage have completed construction of an 80,217-square-foot class A self-storage facility located in St. Louis.
The 797-unit facility is conveniently located at 4222 Union Boulevard near Interstate 70, a major east-west highway that runs through the city, and Kingshighway Boulevard. The property was converted from a warehouse to a three-story, climate-controlled self-storage facility with elevators and a 24-hour security system.
“This property is ideally located near Washington University, University of Missouri – St. Louis and St. Louis University, Forest Park, and Busch Stadium,” said Greg Mackay, COO of Devon. “The area offers a blend of attractions, entertainment and proximity to major institutions.”
St. Louis ranks fifth nationally in the adaptive-reuse self-storage development trend, with approximately 75 percent of the city’s inventory now composed of converted properties from prior uses.
