The property will operate on electricity produced by the solar-panel system
October 31, 2018: BCPStor Development LLC headquartered in Providence, RI., has built an energy-efficient self-storage project at 950 Phenix Ave. in Cranston, R.I. The self storage facility has completed in July.
The property will operate on electricity produced by the solar-panel system. The newly build facility features insulated metal panels (IMPs) on two buildings and a rooftop solar-panel system on its three-story, climate-controlled structure. The climate-controlled building includes 59,000 square feet of 24-gauge, 4-inch IMPs, while the traditional single-story building was fitted with 10,000 square feet of 2-inch IMPs.
The property will be managed by self-storage real estate investment trust (REIT) CubeSmart. The company owns or manages 1,021 self-storage facilities across the United States. CubeSmart has a total operating portfolio of 69.2 million square feet.