Real Estate Daily News
Scottsdale Company Purchases 1.6 Acres in Growing Tucson Suburb
ORO VALLEY, ARIZONA – Scottsdale-based 1784 Capital Holdings, LLC, has purchased 1.61 acres of land at 11061 N. Oracle Rd. at Steam Pump Village in Oro Valley, Arizona. The company plans to build a $10 million, Class A self-storage facility to fulfill the growing demand for storage in the Tucson suburb.
“According to Fortune Small Business Magazine, Oro Valley is one of the best places in America to live and expand a small business,” says Shane Albers, chairman and CEO of 1784 Capital Holdings. “This rapidly growing Tucson suburb is home to several bioscience and high-tech companies, and, as a result, households there have some of the area’s highest per capita incomes. These conditions have created pent-up demand for premium self-storage.”