Fennemore Assists YourSpace America, Inc. with New Public Storage Facility in Phoenix

YourSpace America, Inc., an investment manager specializing in the development of self-storage projects, recently opened a public storage facility at 815-901 E. Jackson St., Phoenix, Arizona 85034.

Fennemore attorney Brett Siglin worked extensively on behalf of YourSpace America, Inc. in connection with the acquisition, financing, equity syndication, and development leading up to the opening of the 1.78-acre, highly visible, multi-story, institutional-quality self-storage facility. The property is adjacent to Chase Field, home to the Arizona Diamondbacks, and is approximately 168,599 GBA, with 126,600 NRSF.

YourSpace America, Inc. has a proven track record of providing strong investment returns for its partners. Self-storage is known as a low-risk investment and is characterized by strong cash flows, low break-even margins, and best in REIT universe returns for the last 30 years. YourSpace America provides opportunities across a wide range of brands and self-storage facility providers.