Developer obtains $13M loan to build self-storage facility in Broward

A self-storage facility will soon rise along Interstate 595 in Davie after a developer obtained a $13 million construction loan. Valley National Bank (NYSEL VLY) awarded the mortgage to Prestige Duke JV II LLC, a Pembroke Park-based company managed by Sam Jazayri. It covers the 6.4-acre site at the southwest corner of State Road 84 and Bright Road. […]

Investor and self-storage developer plan Davie complex

Florida investor Sam Jazayri, known for redeveloping Oakland Park’s culinary arts district, just scored $13 million to build a self-storage complex in Davie. Jazayri is working with More Space Storage to build five self-storage buildings on a nearly 5-acre lot on the southwest corner of State Road 84 and Bright Road. More Space Storage manager […]