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Devon Self Storage Awarded Management of Six Facilities
Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has been awarded the property management contract for six self-storage properties in Indiana, Colorado, Michigan, Nevada, and Louisiana totaling approximately 361,000 square feet.
The self-storage properties include 1121 N. Coliseum Blvd. in Fort Wayne, IN; 11402 Cherokee St. in Northglenn, CO; 2019 Dixie Hwy. in Waterford, MI; 2645 S. Nellis Blvd. in Las Vegas; and 10811 Coursey Blvd. and 10770 Jefferson Hwy. in Baton Rouge, LA.
“With the addition of these properties, we have increased our managed portfolio by 5.3%,” said Ken Nitzberg, co-CEO of Devon. “Our goal remains steadfast in managing and providing best-in-class self-storage services and operational efficiencies for the customers and owners through the breadth and depth of more than 50 plus years of commercial real estate experience with a keen focus on each asset, its market demographics, and financial data.”
To date, Devon manages 119 properties for 12 property-owners across the nation. Devon expects to add approximately 100 additional self-storage facilities by year-end.
Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!
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