Bear Holdings Group has closed the purchase of 5.67 acres located at 1919 W. Baseline Road near 19th Avenue in Phoenix, Arizona.
The company will construct and operate a new self storage facility consisting of 98,921 sq ft of building area, with 81,575 sq ft in net rentable storage area. All entitlements have been completed including Site Plan Approval.
Construction is expected to commence this summer. The property will be a state-of-the-art facility with a mix of air-conditioned and non air-conditioned spaces.
About Bear Holdings Group LLC
Bear Holdings Group, based in Scottsdale, AZ, provides project sponsorship, joint venture and investment opportunities for multifamily construction, acquisition, conversion and rehabilitation. With expertise that includes fund creation, project sponsorship, and asset management tailored to partnership objectives, Bear Holdings Group currently has interests in dozens of multifamily properties through five states. Contact Bear Holdings Group today at firstname.lastname@example.org.