The two-building property comprises 88,032 square feet
December 27, 2018: Real estate developer Titan Development has opened another Extra Space self-storage facility in New Mexico. The two-building property located at Corrales Road and Highway 528 in Rio Rancho. The property comprises a total of 88,032 square feet, which offers climate-controlled and drive-up units as well as boat/RV storage. The facility also features electronic access, perimeter fencing, a retail center with moving and packing supplies, and video cameras for security.
This is the second self storage project to be completed through Titan Development Real Estate Fund I. Two more Titan fund facilities are expected to open at New Mexico in January. Titan and Extra Space have six self-storage projects underway in Arizona and New Mexico. Together, they comprise about 570,000 square feet in approximately 4,200 units.
Titan Development founded in 1999, provides real estate services including acquisitions, design/build leaseback, joint ventures, land entitlement and private-equity real estate fund management. The company manages properties across Florida, New Mexico and Texas.