Drive Is On for the Last Nine Units at Specialized Garage-Condo Storage Facility in Ryan Ranch
April 19, 2017 — Garage Unlimited of Monterey has entered into an agreement with Cushman & Wakefield to act as broker for the private, gated specialty car storage garage-condo facility located in the Ryan Ranch area of Monterey. Sales and leasing efforts will be spearheaded locally by Dennis Chambers and Josh Jones of Cushman & Wakefield’s Monterey office located at 1 Lower Ragsdale Dr., Bldg. 1, Suite 100, in Monterey.
In addition to Cushman & Wakefield, Ernie Lostrom of Lostrom & Company, Inc. will continue his year-long relationship as broker as well. To-date nearly 75% of the 46 garage-condo units have been sold, with construction now finished and the facility having just opened this month.
“We’re pleased to have Ernie, Dennis and Josh working together to complete the sellout of Garage Unlimited of Monterey,” said Ralph N. Borelli, chairman of Borelli Investment Company, one of the facility’s codevelopers. “The project has built tremendous momentum among auto enthusiasts who recognize the potential for this to both solve their vehicle storage issues and function as a unique car-driven community. We’re looking forward to a quick finish to what has thus far been a very successful undertaking.”
Garage Unlimited of Monterey offers a total of 46 car and storage condos in the facility ranging from 744 sq. ft. to 2,701 sq. ft. The nine remaining units run from 1,391 sq. ft. to 2,701 sq. ft. and feature ceilings of up to 25 feet, leaving plenty of vertical space for a mezzanine situated 15 feet above the garage floor. Many owners are planning to customize these spaces into either personal offices or retreat-like areas with all the comforts of home: a large-screen TV, sofa and chairs, and perhaps either a refrigerator or wet bar.
Cat 6 wiring enables Internet and phone service, with optional cable connections available. This will then make these mezzanines a great weekend hangout to watch motorsports or other sporting events with family and friends.
Garage Unlimited of Monterey has a completely fenced perimeter, 24×7 controlled access, abundant lighting, video in common areas, and individual alarms in each unit. In addition to storing cars and motorcycles, garagecondo owners can use their spaces to modify or maintain their vehicles. The location is ideal for big car events held in the Monterey area, such as Monterey Car Week, driving days at Mazda Raceway Laguna Seca, or local Concours d’Elegance competitions. Of course, the units are also ideal for storing larger vehicles such as RVs or boats, in addition to almost any type of personal items or business materials that may be cluttering home garages.