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Super Space Self Storage
Super Space Self Storage

Date:Completed 2007

Size:150,950 sf

Location: Sunnyvale, California

Description: Three-story self storage building
 

Super Space-Sunnyvale is a new (completed in 2007), state-of-the-art, three-story, 150,950 square foot facility containing 1,265 100% climate-controlled, interior storage units. The project is conveniently located a short distance from Highway 101, and is ideally located immediately adjacent to a newly opened “mega” Lowe’s Home Improvement store. The Project’s trade area is experiencing explosive economic expansion, population growth and job growth in step with the resurgence of the tech industry in Silicon Valley. In response to the unprecedented demand for housing in the City of Sunnyvale, the City has commenced the “East Sunnyvale Industrial to Residential (ITR) Project”, which proposed to re-zone approximately 130 acres of industrial zoned land immediately adjacent to the project to enable the development of medium- to high- density residential totaling approximately 2,842 units. These new units will all be located within the Project’s three-mile trade area, and entitlement processing has already begun on two projects totaling approximately 500 residential units for sale within two miles of the property. This pending influx of residents will spike self storage demand in the project’s trade area, and given the 90% plus occupancy rate of the project’s trade area competition, will allow Super Space Sunnyvale to capture a majority of this increased demand.


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