{"id":4633,"date":"2023-10-02T09:46:27","date_gmt":"2023-10-02T09:46:27","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=4633"},"modified":"2023-10-31T15:54:44","modified_gmt":"2023-10-31T15:54:44","slug":"phoenix-investors-to-convert-menasha-industrial-facility-into-self-storage-in-menasha-wi","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/phoenix-investors-to-convert-menasha-industrial-facility-into-self-storage-in-menasha-wi\/","title":{"rendered":"Phoenix Investors: To convert Menasha Industrial Facility into Self-Storage in Menasha, WI"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/mma.prnewswire.com\/media\/1988784\/PhoenixInvestorsOEV.jpg?p=facebook\" alt=\"PHOENIX INVESTORS TO CONVERT MENASHA INDUSTRIAL FACILITY INTO SELF-STORAGE\" width=\"550\" height=\"288\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">An affiliate of Phoenix Investors (\u201cPhoenix\u201d), a private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it will convert its property located at 2225 American Drive in Menasha, Wisconsin into a large self-storage facility. Consisting of approximately 65,000 net rentable square feet, Phoenix intends to add up to 600 self-storage units to the property. In addition to the self-storage conversion, the facility will offer over 100,000 square feet of RV and boat storage parking and several executive office suites. <\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Formerly operated as a call center, the subject site features convenient proximity to I-41 and is located less than 4 miles from Appleton International Airport. The single-story office building was originally constructed in 1981 and underwent significant updates and renovations in 1999 and in 2020. <\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">There is significant demand for institutional quality self-storage in the area,\u201d said Anthony Crivello, Phoenix\u2019s Executive Vice President and managing Director. \u201cWe operate self-storage units across our portfolio and are thrilled to add more. We expect units to be available by early 2024.\u201d <\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The facility will be branded and operated by Store Here Self Storage, a top 50 self-storage operator in the United States. Phoenix partnered with Store Here in 2019 to convert another industrial space in Mount Pleasant, WI to a self-storage facility. The property in Menasha will mark Store Here\u2019s the third facility in Wisconsin.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Phoenix has already begun significant renovations on the property, while existing features such as a wet sprinkler system and metal construction lend themselves to the conversion. Additional details and photos of the property can be found at <span style=\"text-decoration: underline;\"><a href=\"https:\/\/phoenixinvestors.com\/portfolio\/properties\/2225-american-dr-wi\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/phoenixinvestors.com\/portfolio\/properties\/2225-american-dr-w<\/a><\/span><\/span><\/span><span style=\"text-decoration: underline;\"><a href=\"https:\/\/phoenixinvestors.com\/portfolio\/properties\/2225-american-dr-wi\"><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">i<\/span><\/span><\/a><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>About Store Here Self Storage<\/b><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Store Here Management LLC, a division of RHW Capital Management Group LLC, is a property management company focused on the self-storage industry. RHW was founded in 2012 by industry veterans with over 70 years of combined experience, providing a stable source of funding and management. <\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">For more information: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/storehere.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/storehere.com<\/a><\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>About Phoenix Investors<\/b><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Phoenix Investors is the leading expert in the acquisition, renovation, and releasing of former manufacturing facilities in the United States. The revitalization of facilities throughout the continental United States leads to positively transforming communities and restarting the economic engine in the communities we serve. Our reconstruction and selective deconstruction of facilities provides a green alternative versus the standard demolition and replacement of legacy buildings. Phoenix\u2019s affiliate companies hold equity interests in a portfolio of industrial properties totaling over 71 million square feet spanning 29 states, delivering corporations with a cost-effective national footprint to dynamically supply creative solutions to meet their leasing needs. <\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">For more information, please visit <span style=\"text-decoration: underline;\"><a href=\"https:\/\/phoenixinvestors.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/phoenixinvestors.com<\/a><\/span><\/span><\/span><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wisbusiness.com\/2023\/pheonix-investors-to-convert-menasha-industrial-facility-into-self-storage\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Source<\/span><\/span><\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An affiliate of Phoenix Investors (\u201cPhoenix\u201d), a private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it will convert its property located at 2225 American Drive in Menasha, Wisconsin into a large self-storage facility. Consisting of approximately 65,000 net rentable square feet, Phoenix intends to add up to 600 self-storage units to the property. In addition to the self-storage conversion, the facility will offer over 100,000 square feet of RV and boat storage parking and several executive office suites. Formerly operated as a call center, the subject site features&hellip;<\/p>\n","protected":false},"author":13,"featured_media":4634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/4633"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=4633"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/4633\/revisions"}],"predecessor-version":[{"id":4635,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/4633\/revisions\/4635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/4634"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=4633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=4633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=4633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}