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Sign in Sign up for a FREE subscriptionPhoenix Investors to convert Menasha industrial facility into self-storage
An affiliate of Phoenix Investors announced it will convert its property located at 2225 American Drive in Menasha, Wis., into a large self-storage facility. Consisting of approximately 65,000 net rentable square feet, Phoenix intends to add up to 600 self-storage units to the property. In addition to the self-storage conversion, the facility will offer more than 100,000 square feet of RV and boat storage parking and several executive office suites.
Formerly operated as a call center, the subject site features convenient proximity to Interstate 41 and is located less than four miles from Appleton International Airport. The single-story office building was originally constructed in 1981 and underwent significant updates and renovations in 1999 and in 2020.
"There is significant demand for institutional quality self-storage in the area," said Anthony Crivello, executive vice president and managing director at Phoenix. "We operate self-storage units across our portfolio a