Metro Storage LLC, which operates more than 100 self-storage locations in 11 states, has purchased a parcel of land in Orlando, Fla., on which it plans to build a new self-storage facility, the company’s 23rd in the state. Slated to open this fall, the property at 7627 Narcoossee Road is in Southeast Orlando, near residential communities including Lake Nona, a 7,000-acre mixed-use, planned community, and Lake Nona Medical City, a 650-acre health and life-sciences park.
The new Metro Self Storage facility will include multiple single-story buildings encompassing 100,000 rentable square feet of storage space, 70 percent of which will be climate-controlled. The property will also feature drive-up units and 100 outdoor, covered vehicle-parking spaces.
“Metro has had a strong presence in the Tampa and Southwest Florida markets for many years. This new facility has been designed to help meet the growing self-storage demands in the Orlando market,” said Matthew Nagel, chairman.
Headquartered in Lake Forest, Ill., Metro Storage is a privately owned, fully integrated real estate operating company specializing in the acquisition, development and management of self-storage facilities nationwide.
