SUMMARY
APRIL 2025
Since launch, we have been actively marketing the property and leasing units. In just six weeks, leasing activity has exceeded our initial projections, and we are on track to reach stabilized occupancy in less than one year.
As we move into the next phase of operations, we will begin providing our standard quarterly updates. These reports will include detailed information on operations, leasing activity, unit mix, occupancy levels, and financial performance. The first quarterly report will cover Q2 2025 (partial April, May, and June) and will be shared in July.
Attached, you’ll find a project update for the Extra Space Storage at Powell development.
Please feel free to reach out with any questions or if you’d like additional information. Thank you for your continued trust and support in this project — we appreciate your partnership.
