|NitNeil Partners Breaks Ground on Self-Storage Project in Downtown Chattanooga
ATLANTA, GA - August 20, 2013 - NitNeil Partners
, a regional real estate development and investment firm, is pleased to announce its expansion into the Tennessee market with the development of a new self-storage facility in downtown Chattanooga. The new three-story building will feature 57,545 square feet of climate controlled self-storage. Located off of Broad Street in the Southside Historic District of Chattanooga, the facility will offer residents, businesses and students a high quality, highly secure self-storage option that is convenient to the urban core.
"Downtown Chattanooga has emerged as an attractive destination for entrepreneurs and residents that are seeking a great quality of life." said Nitesh K. Sapra, Principal of NitNeil Partners. "This facility will provide support to the residential and economic growth that the City is currently experiencing."
NitNeil Partners recently completed a similar facility in the Inman Park neighborhood of Atlanta. The facility has been very well received by the surrounding neighborhood. The Chattanooga facility is projected to be completed in Spring of 2014.
ABOUT NITNEIL PARTNERS
NitNeil Partners is a regional investment firm specializing in the acquisition and development of self-storage properties. With a conservative approach to growth that emphasizes long-term capital appreciation over short-term profitability, NitNeil Partners boasts a steady stream of income and a lean, efficient organization. NitNeil Partners owns 14 self-storage properties offering more than 700,000 square feet of rentable storage space.
For more information, please visit nitneilpartners.com.