FAQ's
GreenSpace Self-Storage FAQ
GreenSpace Self-Storage is the owner of a patented construction methodology used to build multi-level self-storage facilities. This innovative approach utilizes shipping containers as the internal infrastructure which produces an institutional quality product with the same functionality and appearance as traditionally built self-storage facilities.
GreenSpace’s construction methodology offers several advantages over traditional construction methods. The GreenSpace methodology is notably cost-effective, typically saving $12-20 per square foot on hard costs while also being approximately 2-5% more efficient compared to conventional approaches. This cost-effectiveness is complemented by faster construction times, with GreenSpace facilities being built typically 1 month than comparable projects using traditional methods.
Sustainability is another key advantage of GreenSpace’s approach. Approximately 77% of a GreenSpace facility consists of recycled materials, which significantly reduces the environmental impact of construction. This high percentage of recycled content demonstrates a strong commitment to sustainable building practices.
Furthermore, GreenSpace’s construction method offers superior flexibility in design. Unlike many traditional facilities, GreenSpace structures feature non-structural, moveable metal partitions within the containers, allowing for easy modification of unit mix and sizes even after construction is complete. This adaptability enables facility owners to respond more readily to changing market demands or space requirements without the need for extensive renovations.
A 130,000 GSF / 100,000 NRSF facility uses 350 – 400 containers. The stacking process, which represents virtually the entire structure, takes about four weeks to complete on-site.
Yes, GreenSpace’s subsidiary owns four granted U.S. patents, one pending U.S. patent application, and two pending EU patent applications. These patents generally cover storage facilities with at least two levels of containers.
All GreenSpace facilities produce a facility with walls that are thicker and stronger than traditionally built facilities. Greenspace facilities are subject to the same fire and safety building codes as any other facility and our buildings meet or exceed all building codes.
GreenSpace has successfully sold previous developments built using their methodology to institutional buyers. There was no decrease in exit cap rate compared to other similarly sized and located traditionally built self-storage developments sold in the same time periods.
By using shipping containers as the primary building material, GreenSpace facilities are composed of approximately 77% recycled materials, significantly reducing the environmental impact of construction.
GreenSpace’s containers are the building structure, so unlike most traditional facilities, the size of many GreenSpace units can be adjusted after construction to optimize the unit mix to meet customer requirements and increase revenue. This is accomplished by easily relocating (or removing) non-structural partitions within containers.
