Posted May 13, 2021, 4:17 PM
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Moderator
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Join Date: Oct 2011
Location: Philadelphia
Posts: 18,367
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Storage Facility Makes Some Sense on Grays Ferry Avenue
Quote:
Pop quiz – kindly locate 3145 Grays Ferry Ave. on a map. Logic would suggest that it’s the Hertz property on the north side of Grays Ferry Avenue, just east of I-76 and 32nd Street. We’re sorry to say, that’s not it. Instead, 3145 Grays Ferry Ave. is the wedge-shaped property immediately to the west of I-76, and curiously, just west of 32nd Street.
Finally though, this property is getting redeveloped. And the project in question will be… <drum roll>… a storage facility! According to a story from the Progress News, GoldOller Real Estate Investments has purchased the property and will be constructing a five-story, 157K sqft storage facility on the site. And for a change, we can’t really argue with this plan. It’s an interesting move for this developer, which primarily operates in the residential market, but they’ve dabbled in the self-storage before.
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Current site:
Aerial of location:
Rendering:
Read/view more here:
http://www.ocfrealty.com/naked-phill...s-ferry-avenue
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