VanWest Partners has launched VanWest Storage Fund I, with the addition of two self-storage facilities in the greater Pensacola, Fla., market. The fund’s primary focus is creating and maintaining investor wealth through local alternative real estate investment strategies in self-storage.
VanWest acquired American Mini Self Storage at 801 S. Old Corry Field Road in Pensacola, Fla., and Florosa Self Storage at 2371 W. Highway 98 in Mary Esther, Fla. Together, the assets total more than 85,000 square feet of self-storage space and are located in favorable submarkets with low supply and strong demand drivers.
The VanWest Storage Fund I comprises a diverse mix of storage facilities within select markets of the United States. The fund provides an investment opportunity that combines income, principal investment growth and elements of capital preservation.