Wentworth Storage Company, LLC purchased 11.08-acres east of the Loop 101 Freeway at 91st Street and Pima Road in North Scottsdale to develop a new ±120,000-square foot self-storage facility, Pima 101. The Arizona-based developer and their development partner, Crow Holdings, purchased the land for $4.35 million from SWVP DC Ranch, LLC. The property address is 17492 N. 91st Street.
“The Pima 101 self-storage project provides us with an opportunity to develop a first class storage facility in North Scottsdale to service the surrounding residential population in DC and McDowell Mountain Ranch, Ironwood Village, Grayhawk and Pinnacle Peak,” according to Dave King, Vice President of Self Storage for WSC. “There is roughly a population of 140,000 within five miles of the site and limited storage options in the area. The site will have visibility from the 101 Freeway which carries approximately 100,000 cars per day.”
Wentworth Storage Company plans to start construction on the two-story, indoor, climate controlled self-storage facility second quarter this year with completion and opening by first quarter 2018. Arizona-based Andrews Design Group, Inc. is the architect for Pima 101.
Wentworth is actively looking for additional self-storage opportunities, including purchasing existing facilities, reuse/conversion properties and ground-up development sites in primary and secondary markets throughout the U.S. The company closed on over $160 million of self-storage projects in the last year and is either under contract or evaluating another 1 million square feet of projects nationwide. Currently, the portfolio is 1.3 million net rentable square feet.