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WASHINGTON, DC-Federal Capital Partners and Self Storage Zone are partnering to acquire 645 Taylor Street, NE, from the Capital Area Food Bank. The two companies will redevelop the property into a three-story, 78,600 square foot, self-storage facility. The project cost is estimated to be $12.8 million, and when developed, it will include 1,022 units. The facility, which will deliver in the spring of 2014, is the first self-storage investment for FCP.

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