Chicago’s Syndicated Equities Group recently invested $4 million in the ground-up development of a Class-A self-storage facility located near the North Loop neighborhood of Minneapolis.
The property will be developed by Cogent Capital Group, a Chicago-based self-storage firm that has developed more than 25 self-storage facilities during the last eight years.
Construction is expected to last for about nine to 12 months. Once complete, the property will consist of 1,074 units spread across 131,261 square feet.
