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11-25-2019
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11-25-2019
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Last modified
1/29/2025 9:16:35 AM
Creation date
1/29/2020 1:23:30 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/4/2019
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
11/4/2019
EDA Document Type
Council Packets
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Company Overview <br />French Property Management, LLC was formed in 2005 by the founder Phil French, which later became Adams French <br />Property, LLC. With offices in Zionsville and Indianapolis, Indiana, Adams French Property is a company focused on self - <br />storage development, acquisitions and operations, as well as credit-tenant retail development opportunities. The <br />principals are Phil French -President and CEO, and Jim Adams -COO. Adams French Property’s core business is focused <br />on growing self-storage properties in the US marketplace through acquisition and development. <br />The company has owned and operated multiple self-storage facilities which represents approximately 775,000 square <br />feet of storage throughout the state of Indiana, Chicago IL, and Minneapolis/St. Paul MN. <br />Extra Space is the second largest self-storage REIT by size behind Public Storage, and the largest third-party management <br />company for self-storage in the country. They are the leader in self -storage management and are contracted with <br />Adams French Property to manage all future storage locations. <br />Adams French has extensive experience in multiple real estate asset types including self -storage, retail centers, and <br />undeveloped land. Adams French looks for synergies within the real estate development business that can augment <br />their core self-storage portfolio. Adams French businesses are driven by knowledge, planning, execution, consistent <br />management, and continued wise investments.
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