It is expected to be complete by the end of the year
November 4, 2018: Atlanta-based real estate development firm Mequity Cos. has purchased a warehouse in Tucker, Ga., for $5.3 million. The company has a plan to convert the warehouse to a climate-controlled self storage facility. The 105,800-square-foot warehouse located at 4.1-million-square-foot, master-planned Mountain Industrial Park comprising 69 buildings.
The new project will be managed by real estate investment trust CubeSmart and the property will be branded under its name. It’s expected to be complete by the end of the year
Mequity is an investment firm focused on the self-storage industry. Its primary markets include the Atlanta, Miami, New York and Washington, D.C., metropolitan areas as well as Northern New Jersey.