Become an Investor
Become an Investor

1 min read

DXD Continues to Bet on Las Vegas Self Storage

Picture of DXD Capital DXD Capital Sep 22, 2021 3:54:00 PM

This article appeared in Connect CRE on September 21.

Self-storage investor and developer DXD Capital recently broke ground on a 1,100-unit self-storage facility located at the corner of West Sahara and South Monte Cristo Way in Las Vegas. Designed by Studio Level 1 with Arco Murray serving as the general contractor, the new facility is slated for completion and opening in third quarter 2022.

The 1.7-acre parcel was acquired in January 2021 through its fund DXD Self Storage Fund I which it launched in November 2020. It is raising $50 million which will be used to primarily invest in ground-up development of class-A multistory climate-controlled self-storage facilities.
The self-storage industry continues to grow not only during this turbulent economic time but starting pre-pandemic,” said Drew Dolan, DXD Capital principal and fund manager. “As the industry evolves, we will continue to see emerging markets like Las Vegas where fundamentals continue to get stronger. As a technology-driven self-storage investor, we will continue to bet on the potential of markets and submarkets throughout the United States.”

Self Storage & Younger Generations

Picture of DXD Capital DXD Capital: Nov 24, 2022 4:03:00 PM

Millennials and GenX are utilizing self storage at an increasingly rapid rate. How might this effect storage properties in the future? Drew Dolan...

Read More

Area Storage Units Hard to Rent

Picture of DXD Capital DXD Capital: Aug 18, 2022 4:04:00 PM

Article Written by Pat Fitzgerald, for the Culpeper Times. This article appeared in Rappahannock News on August 17th. ‘People selling, buying,...

Read More

Self-Storage Space is Down and Rents are Way Up

Picture of DXD Capital DXD Capital: Aug 5, 2022 3:53:00 PM

Article Written by Caroline Champlin, Analyst for Marketplace.

Read More