Climate-controlled storage facility under construction in Durham, North Carolina
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Climate-controlled storage facility under construction in Durham, North Carolina

JLL’s Project and Development Services Group is overseeing construction of the project

Durham, N.C. (Jan. 13, 2017) – (RealEstateRama) — A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer and owner, 3302 Petty Road, LLC.

Skyline, A Wilbert PR Company

Construction began in December 2016 and will be complete by the end of 2017. The four-story facility will feature 67,100 square feet of rentable space and approximately 785 climate-controlled units housed in a free-standing new construction building. Overcash Demmit Architects is the architect and Edifice General Contractors is the general contractor. CubeSmart will professionally manage the facility.

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About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000. On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

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