By John Doe
MISSISSAUGA, ON – NOVEMBER 2, 2021 – NYX Capital Corp. and Bluebird Self Storage have acquired 2 acres of industrial land to develop a new self-storage building.
Located in southwest Mississauga on Platinum Drive near the intersection of Ninth Line and Eglinton Avenue W, the property is part of the new Erin Mills Business Park. The site is surrounded by an established residential community that has an underserved market and high demand for self-storage.
Purchase price and seller have not been disclosed.
Said NYX Capital Corp. CEO Yashar Fatehi, “We are delighted to acquire another self-storage development site in the GTA, in partnership with Bluebird. We are always on the hunt for development sites; however, in recent years, finding suitable sites in the GTA has become challenging. We were working on this specific property two years ago and had to walk away due to some obstacles. But we kept in touch with the owners and jumped back in once we knew we could address the problems and it turned out to be the right property for us. Our NYX Capital team is nimble and can act fast on tight timelines and handle these types of complicated sites. This makes us a preferred purchaser compared to other larger players in the market.”
Bluebird Self Storage Managing Principal, Reade DeCurtins said, “For several years, we have been patiently looking for the right location in this western Mississauga sub-market, which combines a dense population base and very high-barriers-to-entry for future self-storage development. We expect this location to be quite busy.”
ABOUT NYX CAPITAL CORP.
NYX Capital Corp. is a private equity real estate investment company based in Toronto, Ontario. We own, manage, and invest in high-quality and well-located assets across Canada. We have built our business with strong leadership and a proven management platform that generates premium, risk-adjusted returns for private and institutional investors. Our properties range across various asset classes, including residential, industrial, self-storage, film-studio, and fitness. NYX also invests in operating entities when significant real estate opportunities are attached. NYX is a co-investor in all our projects, and we are committed to realizing the potential of real estate through value creation strategies and operational excellence. The company has over 4.1 million sq.ft. of planned, managed, and developed assets and over $1 billion projects under management and development. Visit: https://www.nyxcapital.com/ABOUT BLUEBIRD SELF STORAGE
Founded in 1983 and headquartered in Toronto, Bluebird currently operates 24 self-storage locations across Canada. Bluebird is growing and is Canada’s most progressive lifestyle storage concept. Recent purchases include five locations in Alberta and two in Nova Scotia for a capital outlay of nearly $200 million. The management team has developed, owned, and managed quality self-storage facilities in Canada and the United States for nearly 40 years. Bluebird is also seeking top-tier acquisitions Canada-wide. In October 2020, an affiliated company, Bluebird Storage Management ULC was created to handle third-party storage management for owners across the country. Visit: https://bluebirdstorage.ca/NEWS MEDIA CONTACT
David Eisenstadt, tcgpr
deisenstadt@tcgpr.com (C) 416-561-5751
Frequently Asked Self Storage Questions
What size storage unit is right for me?
Finding the right storage unit depends on the number of possessions you plan on storing at our facility. The more items you have, the more space you’ll need. At every Bluebird facility, we offer units ranging from below 5’ x 5’ to 10’ x 30’ or even larger, so you can find the right amount of storage space. To find the right unit size, explore our Storage Unit Size Guide or read this resource to see which unit fits your needs best.
Can I buy boxes and packing supplies at Bluebird?
Yes! If you’re about to move into a storage unit, our facility offers moving and storage supplies that help protect your belongings. Our supplies range from boxes, packing tape, mattress and furniture covers, and so much more!
How long can I rent a unit?
We don’t have any long-term agreements at Bluebird, so you can rent your unit for as little as a month or two or upwards of a year if you’d like! If circumstances change, we can always extend or shorten your storage stay with us.
How do I access my storage unit?
You, selected family, and any business associates can access your local facility by using our secure keypad entry using a personal security code. Individual units are protected by a lock that is only accessible by the customer. Only contacts you authorize will be able to access your unit.
Typical daily access hours are from 6AM - 11PM, so you can always access your stuff when you need it. Check with the location nearest you for more information about access hours.
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