VanWest Partners Unveils State-of-the-Art ClearHome Self Storage Facility in Denver

New Development of ClearHome Self Storage Facility

Denver, known for its vibrant growth and burgeoning real estate market, welcomes a significant addition to its infrastructure with the recent opening of ClearHome Self Storage on South Colorado Boulevard. Developed by VanWest Partners, a leading firm specializing in self-storage solutions, this contemporary facility represents modernity and eco-friendliness in the self-storage industry.

A Glimpse into the Facility

The ClearHome Self Storage facility spans over 92,000 square feet and boasts more than 1,100 climate-controlled units designed to provide optimal storage conditions for a variety of needs. The development, which took roughly 20 months to complete, officially opened its doors to the public in late June.

With a cutting-edge design characterized by a sleek glass façade and illuminated by Kalwall lighting, the facility integrates solar power into its operations. This reflects a commitment to sustainability and energy efficiency, aligning with the growing demand among consumers for environmentally conscious practices. Jacob Vanderslice, a Principal at VanWest Partners, emphasized that this project aims to meet the increasing demand for quality self-storage in the area, stating, "This project reflects our continued focus on delivering best-in-class self-storage facilities in growing and undersupplied markets."

Location Benefits

Situated in Denver’s University Park corridor, ClearHome is strategically placed amidst bustling retail and multifamily developments, catering to nearby neighborhoods such as University Hills, Observatory Park, Wellshire, and Cherry Hills Village. This prime location is expected to drive significant foot traffic and interest in the facility, enhancing its operational viability.

Despite facing challenges within the broader self-storage industry, including slowed residential mobility and diminished demand, the leasing activity at ClearHome has surpassed initial expectations. This success can largely be attributed to its modern amenities and strategic location, making it an attractive option for consumers in need of extra storage.

Partnership in Development

The project was developed in collaboration with Waner Construction, who served as the general contractor, while Galloway Architecture provided architectural and civil engineering services. Financial backing for the construction was facilitated by Wintrust Financial. With the operational management of ClearHome Self Storage entrusted to VanWest’s wholly-owned subsidiary, the facility is poised for success within the competitive landscape of self-storage.

Continued Expansion

VanWest Partners is no stranger to growth; its self-storage portfolio includes 41 properties across 15 states, with plans to expand into select growth markets nationwide. While the firm is headquartered in Denver, it actively seeks acquisition opportunities in high-demand submarkets that align with its opportunistic investment strategy. For those interested in obtaining storage solutions at ClearHome, reservations can be easily made through their website at ClearHome.

About VanWest Partners

Founded with a focus on self-storage acquisitions, development, and management, VanWest Partners leverages a vertically integrated approach and prudent underwriting methods to deliver consistent value across its diverse portfolio of storage properties. Their commitment to quality and strategic growth continues to solidify their status as leaders in the self-storage sector. For further information regarding their services and offerings, visit VanWest Partners.