New Self-Storage Facility Breaks Ground in Albuquerque

The project will be developed in two phases and total 53,100 square feet of storage space.

By Anca Gagiuc, Associate Editor

Michael Canfield, CEO & president of IPMI 6
Michael Canfield, CEO & president of IPMI 6

Albuquerque, N.M.—IPMI 6 LLC, a subsidiary of Indian Pueblos Marketing Inc., announced plans to develop a self-storage facility in Albuquerque, N.M.

The facility will be built on 6 acres of vacant land owned by the company at 1901 8th St., NW., between 8th and 12th Streets and facing Interstate 40. The first phase of development is slated to open by the end of the year and will include a 36,450-square-foot building comprising 497 units, some of which will be climate-controlled, and 93 vehicle storage spaces. Phase two will add 16,650 square feet of storage space and 230 units.

Rick Bennett of RBA Architecture P.C. handled the design of the project, while Extra Space Storage Inc., a self-storage REIT and third-party management company, will manage the facility.

“We’re very excited to continue the development of the Albuquerque Indian School property,” Mike Canfield, CEO & president of IPMI 6, said in prepared remarks. “This new storage center will be a perfect fit for the surrounding near North Valley, Sawmill and Wells Park communities, providing storage options for residents and businesses alike.”

Image courtesy of Indian Pueblo Cultural Center