Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has assumed property management responsibilities for a self-storage facility in Cedar Rapids, Iowa. The property marks an expansion of Devon’s third-party management platform in the Cedar Rapids market and adds to the firm’s nationwide managed portfolio.
The facility is located at 2100 Edgewood Rd SW in Cedar Rapids and opened in 2017. The two-story, 86,700 rentable-square-foot property comprises 783 climate-controlled units. On-site features include a drive-through loading bay with a truck-height door, as well as contactless rental options both in-store and online, aligning the facility with current customer preferences for convenience and digital access.
Positioned along Edgewood Road SW, the property benefits from frontage on a heavily traveled corridor. The immediate area is characterized by established retail and commercial uses, providing consistent exposure to both consumer and business demand for storage. The facility also draws from nearby educational institutions such as Kirkwood Community College, Coe College, and Mount Mercy University, which help support year-round utilization and broaden the customer base.
Commenting on the management assignment, Justin Funcell, director of third-party management for Devon, noted that the company is pleased to expand its presence in Cedar Rapids with what he described as a Class A asset. The property joins a larger national portfolio under Devon’s oversight, as the company now manages 210 properties with a footprint spanning 32 states across the country.
The new management engagement in Cedar Rapids illustrates ongoing demand for professionally managed, institutional-quality self-storage assets in regional markets. For owners, partnering with an experienced third-party manager like Devon can provide access to established operating systems, technology-enabled leasing platforms, and brand recognition, which may help support occupancy and operational performance over time.
