Note To Property Owners, Brokers and Financial Institutions
Brokers:
Veritas is pursuing an aggressive expansion strategy geared toward the development, conversion and acquisition of high-quality self-storage assets throughout the northeast and mid-Atlantic United States, and eastern Canada. In doing so, we continually strive to grow our network of capable brokers and joint-venture partners and believe in forging mutually-beneficial, long term relationships.
AREAS TARGETED FOR EXPANSION
USA: CT, DC, DE, KY, MA, MD, MI, NC, NH, NJ, NY, OH, PA, SC, TN, VA, VT, WV
Canada: Ontario and Quebec
LOCATION CHARACTERISTICS
- At least 10,000 people within 1 mile; 100,000 within 5 miles
- Infill and/or retail location
- Renter density
- Minimal competition
SITE CHARACTERISTICS
- Typically 3-5 acres in suburban markets; can be less in urban markets
- Excellent visibility from major arterial with 20,000+ cars per day
- At least 150 feet of road frontage
- Good access
- We will convert and/or demolish existing buildings
- Existing self-storage facilities must be greater than 40,000 net rentable square feet (will consider smaller facilities with expansion capability)
Land Owners:
Veritas can provide feasibility, development, and management expertise to individuals and companies that are interested in pursuing the development or acquisition of self-storage properties. If you are a land owner with property suitable for storage development, Veritas can help you achieve the desired mix of present and future cash flows while minimizing taxes.
Storage Owners and Financial Institutions
Veritas has a variety of deal structures and solutions that can help both owners and financial institutions deal with troubled or distressed properties in today’s challenging real estate environment.
For further information, please contact Veritas at info@theveritasgroup.net.