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JLL Handles New Orleans Self-Storage Development Site Sale

York Developments purchased a 1.16-acre land site in New Orleans with plans to develop a three-story, Class A self-storage facility. The project is envisioned for 836 climate-controlled units that will be branded under SpaceBox Storage.

The site at 1125 S. Liberty St. is within a Qualified Opportunity Zone. The infill location in New Orleans’s CBD has 300 feet of frontage along the south side of Earhart Boulevard (Pontchartrain Expressway Frontage Road), where traffic counts exceed 151,000 vehicles.

JLL’s Steve Mellon, Brian Somoza and Greg Riera marketed the property on behalf of the seller, Baranof Holdings.

Mellon says, “York Developments is developing SpaceBox Storage in an infill location with excellent exposure in a dense, growing market with limited supply. The lack of supply in the immediate area due to the countless challenges new development faces made this land site that is already fully entitled and permitted for a self-storage development attractive.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency integrated marketing communications roles. He is responsible for Connect’s client content operations and public relations strategy. He is involved in a range of initiatives ranging from content strategy, message development, copywriting, Social Media and content marketing services. Dennis’s communications background in the real estate industry includes working with many of the top real estate firms – from brokerage companies, developers, homebuilders, investors, owners, lawyers, asset advisors, lenders, architects and property management firms. • Marketed more than 1 Billion Square Feet of Office Space • 70,000 Multifamily/Condo Units • 15,000 Single Family Homes • 30 Million Square Feet of Retail Space • Representing Roughly $100 Billion in Investment In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. Dennis’s agency background on integrated communications teams at many reputable agencies and has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. He formerly was President of the Public Relations Society of America’s Los Angeles of public relations professional, and served on the Board of Directors. He also taught a public relations extension course at Loyola Marymount University. Dennis’s has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.

  • ◦Sale/Acquisition
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