JLL to Lead Sales and Marketing at Napa Vault
NAPA, CALIFORNIA, March 9, 2021 – JLL announced today that it will serve as the exclusive sales representative for Napa Vault, a collection of 124 luxury storage condominiums in eleven buildings in Napa, California. JLL’s Matt Bracco, Laura Duffy and Chris Neeb are leading the sale of individual condominiums on behalf of the developer, Storage Tech Inc.
“Napa Vault redefines the way you store and access your favorite things,” said Bracco. “As an owner here, you’ll enjoy only the finest, most durable buildings materials, a cutting-edge security system and a variety of community amenities and ownership benefits. Napa Vault is more than a place. It’s a lifestyle.”
Located at 1055 Soscol Ferry Road, Napa Vault offers an exceptional location for owners interested in storing their cars, RVs, boats, wine and collectibles, or even pursuing their favorite hobby, all in the heart of California’s famed wine country. Just off the crossroads of Highways 12 and 29, the property is conveniently situated approximately 2 miles from the Napa County Airport, 6 miles from downtown Napa and 18 miles from the Sonoma Raceway – a perk for car enthusiasts.
Units with 24-foot clear height will range in size from approximately 800 to over 2,000 square feet across all building phases. Built-in mezzanines provide owners with additional space for an office or more storage. Select suites have drive-through access, a design feature ideal for RV owners and car collectors who wish to pull in and out of their condominiums easily.
Napa Vault will provide owners with 24/7 access, a private Owners’ Clubhouse for their exclusive use, parking and charging stations for electric vehicles and other amenities. The community will be fenced, gated and protected by a state-of-the-art security and CCTV surveillance system.
Storage Tech Inc. is wholly owned by Peter Bedford, former Chairman and CEO of Bedford Properties Inc., and Bedford Property Investors, a NYSE traded REIT. Bedford has developed and operated a portfolio of suburban office buildings and industrial properties of over forty-four million square feet in the western US. His son, Erik Bedford, served as a consultant and advisor for the design and development of Napa Vault.
“In my 60 years of developing office and industrial properties, I have always tried to look to the future,” said Peter Bedford. “I am excited to be able to offer this product type to the North Bay Area where I see a clear unmet demand.”
Construction has already begun on Phase 1 of the project, with the initial 43 units slated for delivery in August 2021.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.