Platinum Storage is a Class-A portfolio consisting of two properties with a total of 113,025 NRSF among 662 units. The Platinum Storage Estes Parkway facility features a physical occupancy rate of 87.9%, encompassing 77,625 NRSF. This location offers a blend of 410 traditional non-climate drive-up units and climate-controlled units. The Platinum Storage Marshall Avenue property is currently in its lease-up phase, with a 15% physical occupancy rate and has been open since the beginning of 2024.
Strategically situated in a densely populated area of Longview, this facility is located within a 3-mile radius that is home to 36,480 residents, with a growth rate of 0.19%. The Estes Parkway property benefits from its prime location adjacent to a newly constructed gas station and convenience store, which attracts over 25,000 vehicles daily, enhancing visibility and accessibility. Each facility offers room for potential expansion.
