DXD Capital Announces Grand Opening of New Class-A Self-Storage Facility in Richmond, Virginia
DXD Capital, a data-driven private equity firm specializing in Class-A self-storage development, announced the grand opening of its newest climate-controlled self-storage facility. The property is located at 615 Mitchell Street in Richmond, VA.
RICHMOND, VA, 22nd Sep 2026 – DXD Capital, a data-driven private equity firm specializing in Class-A self-storage development, announced the grand opening of its newest climate-controlled self-storage facility. The property is located at 615 Mitchell Street in Richmond, VA.
The 105,900 sq. ft., three-story facility offers 890 climate-controlled units and will be professionally managed by Extra Space Storage. Built on a 3-acre site, the facility was constructed by Evans Construction Inc., with design completed by SAA Architects, Inc., and features three levels of drive-up access, a rare convenience in multi-story self-storage design.
“This project allowed us to deliver a ground-up, purpose-built Class-A storage facility in one of the fastest-growing corridors in the metroplex.” Said Scott Hughes, Managing Director of Construction at DXD Capital.
The new storage facility sits at the heart of the city’s residential and commercial boom along Chamberlayne Parkway, adjacent to the Diamond District, a 67-acre transformation already underway anchored by CarMax Park, Richmond’s new minor league baseball stadium, and slated to grow into an 8-million-square-foot entertainment, residential, and retail district. The site’s location, less than a mile from Virginia Commonwealth University and Virginia Union University, with a combined enrollment of over 30,000 students, offers students a convenient, secure storage option each spring and fall.
About DXD Capital
DXD Capital is a data-driven real estate private equity firm solely focused on the self storage sector. DXD utilizes proprietary tools to evaluate self storage development opportunities across the US, searching for the highest demand/supply imbalances in markets that have high barriers to entry.