{"id":5053,"date":"2023-11-20T13:38:34","date_gmt":"2023-11-20T13:38:34","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5053"},"modified":"2023-11-20T13:38:34","modified_gmt":"2023-11-20T13:38:34","slug":"inland-private-capital-devon-delivers-new-self-storage-facility-in-springfield-mo","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/inland-private-capital-devon-delivers-new-self-storage-facility-in-springfield-mo\/","title":{"rendered":"Inland Private Capital, Devon Delivers New Self Storage Facility in Springfield, MO"},"content":{"rendered":"


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\"Self
The building previously served as a newspaper processing facility. Image courtesy of Inland Private Capital Corp.<\/figcaption><\/figure><\/p>\n

Inland Private Capital Corp., in partnership with Devon Self Storage, has completed a new self-storage conversion in Springfield, Mo. The 81,500-square-foot, Class A facility marks the ninth redevelopment delivery on behalf of an affiliate of IPC.<\/span><\/span><\/span><\/p>\n

The building previously served as a newspaper processing facility and the home of The Springfield News-Leader publication since 1933. The property was destroyed by fire in 1947 and then rebuilt.<\/span><\/span><\/span><\/p>\n

Decades later in 2002, a new printing press was added as an extension. In 2021, the property was sold to be converted into a self-storage facility.<\/span><\/span><\/span><\/p>\n

The building now features 731 units, of which approximately 75 percent are climate-controlled, ranging from 25 to 350 square feet. On-site amenities include interior drive-through, a management office, elevator, automatic pay, as well as dollies and carts. Located at 651 N. Boonville Ave., the property is less than half a mile from downtown Springfield and approximately 1 mile from Missouri State University.<\/span><\/span><\/span><\/p>\n

Inland Private Capital\u2019s portfolio includes 179 assets across 30 states. This year, the company along with Devon Self Storage delivered several self storage conversion projects. In January, the partners opened a former K-mart in Allentown, Pa., that was converted into a 91,787-square-foot storage facility.<\/span><\/span><\/span><\/p>\n

Around that same time, the partnership also finalized the conversion of a former Sports Authority location. The 64,000-square-foot self storage facility now features 652 climate-controlled units. A more recent project was finalized this month in Warren, Mich. The partners converted a former manufacturing facility into an 87,000-square-foot storage property.<\/span><\/span><\/span><\/p>\n

Source<\/span><\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Inland Private Capital Corp., in partnership with Devon Self Storage, has completed a new self-storage conversion in Springfield, Mo. The 81,500-square-foot, Class A facility marks the ninth redevelopment delivery on behalf of an affiliate of IPC. The building previously served as a newspaper processing facility and the home of The Springfield News-Leader publication since 1933. The property was destroyed by fire in 1947 and then rebuilt. Decades later in 2002, a new printing press was added as an extension. In 2021, the property was sold to be converted into a…<\/p>\n","protected":false},"author":13,"featured_media":5054,"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\/5053"}],"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=5053"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5053\/revisions"}],"predecessor-version":[{"id":5055,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5053\/revisions\/5055"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5054"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}