September 2, 2022
We are pleased to provide you this annual summary of events and operations review as at June 30, 2022.
As you are probably aware, NationWide Self-Storage in Vancouver (the “Property”) at 1223 East Pender St. (the “Property”)is a AAA, institutional grade, very visible four-story self-storage facility favorably situated five minutes from central downtown Vancouver and granting easy access to main traffic arteries such as East Hastings Clark Drive and Pender Street.
The state-of-the-art, 58,500 sq. ft. facility features modern architecture and design, enterprise-level built-in security, and a keyless smart access system controlled via an app on your phone.
Our initial development permit allowed for 559 lockers of varied sizes, intending to install an additional 250+ second-level sky lockers later as part of the Phase II development. Sky lockers are smaller, affordably priced second-level lockers that can be accessed via a secure rolling staircase.
As previously reported, the installation of the Sky Lockers were completed in March 2022 and we were able to bring them to market right away.
To download the complete review, click here.
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THE ABOVE INFORMATION IS SPECIFIC TO NATIONWIDE I SELF STORAGE TRUST AND ITS PROPERTY AT 1223 EAST PENDER ST., VANCOUVER, BC.
This information is general in nature and does not constitute an offer to sell or an advertisement, solicitation, or recommendation to buy securities. Nothing on these pages constitutes investment, legal or tax advice, nor was it prepared in consideration of the investment objectives, financial situation, particular needs of any specific recipient. There can be no assurance that investments will perform as or be of the quality anticipated. There are risks associated with any investment.