Revamp of Office Building: Go Store Its Cutting-edge Adaptive Reuse Project in Pensacola, Fla.

In the ever-evolving real estate sphere, Go Store It, affiliated with Madison Capital Group, has put forth an impressive example of adaptive reuse. In Pensacola, Fla., an office building built in 1972 has been transformed into an advanced self-storage facility. The project, constructed with the help of BenCo Construction, spans 70,147 rentable square feet and was reportedly financed by a $7 million construction loan from Ameris Bank in 2022, as per information by Yardi Matrix.

The two-story property consists of two buildings and 530 climate-controlled units ranging in size from 38 to 250 square feet. The facility is equipped with modern features such as video surveillance, keypad access, security lighting, and fencing, providing comfort and security to its customers. It also offers on-site moving and packing supplies, dollies, and flatbed carts for convenience.

Located strategically at 3670 N.L St., it is just 3 miles from downtown Pensacola and close to Interstate 110 and U.S. Route 29. With the vast array of facilities and features, Go Store It is poised to serve the storage needs of various communities surrounding Pensacola, including Brent, West Pensacola, Bellview, and Myrtle Grove.

The discussion provides a glimpse into the exciting expansion plans of Go Store, with nine other self-storage facilities under construction in the Pensacola market, which is expected to add 557,307 rentable square feet to the existing inventory.

The blog post was published on Multi-Housing News, showcasing the growth trajectory of Go Store It, not just in Pensacola but also with a newly opened location in Naples.

"Could be Better If"

While the blog post provides detailed information on the adaptive reuse project by Go Store It Pensacola, it could be more engaging. Interview snippets or quotes from critical stakeholders like BenCo Construction or Ameris Bank could provide additional insights. More background information on Go Store It and its growth journey till this new project would add more depth. Also, it would be helpful if data points like "12.8 rentable square feet per capita" were explained briefly for general readers. Direct references to competition or trends in the self-storage market could have added an edge to the reporting.

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🔒📚 Hi! I'm Eric Manning, a self-storage operations nerd, and lifelong learner. 🗝️ My articles blend industry know-how with a dash of humor and wisdom. Whether you're a storage newbie or a pro, join me as we explore the world of storage, one witty insight at a time! 📦😊🔑