News
Atlanta Commercial Real Estate

Self-Storage Junkies

No horseplay, guys! Here's Stein Investment's Jeff Stein beating up partners Jason Linscott and  Adam Sauer during a recent groundbreaking for the firm's Decatur Street self-storage facility. "Right now, we feel there's  tremendous opportunity in self-storage in Atlanta," Jeff says. "I'm a contrarian in a lot of ways, and I like to go where the masses don't want to go."Stein is under way with  more than $17M in self-storage projects here, including the 110k SF, 800-plus unit project in the Old Fourth Ward (which will also include a coffee bar). Other facilities: a  $6.5M, 90k SF project on Shallowford Road in East Cobb and a redevelopment of a former 47k SF storage facility in Stockbridge. Stein has invested in other product types—office, apartments, retail—but Jeff says they now offer fewer opportunities, especially apartments, which have become expensive with heated demand. The firm wants to buy or develop some 35 facilities along the East Coast in well-located markets.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Dan Wagner To Head Lee & Associates In Atlanta: The Atlanta Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC