DXD Capital Opens New Class A, 898-Unit, Climate-Controlled Self Storage Facility in Knoxville, Tennessee.
DXD Capital and Olympus Ventures open a 898-unit, Class A climate-controlled self storage facility at 3737 Middlebrook
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DXD Capital and Olympus Ventures open a 898-unit, Class A climate-controlled self storage facility at 3737 Middlebrook Pike in Knoxville, TN.
KNOXVILLE, TN, UNITED STATES, August 18, 2026 /EINPresswire.com/ — DXD Capital, a leader in technology-driven self storage development and investment, in partnership with Olympus Ventures LLC, today announced the grand opening of its newest self storage facility at 3737 Middlebrook Pike, Knoxville, TN 37921.
Operated by Extra Space Storage, one of the nation’s leading self-storage companies, this 112,000 sq ft. facility sits on approximately 2.5 acres and offers 898 climate-controlled units across four stories of premium storage space. This facility includes two levels of drive-up loading, made possible by a design that takes advantage of the site’s slope.
General contractor JM Williams constructed the project, breaking ground in May 2025 and delivering the completed building in time for leasing to begin in late July 2026. SAA Architects designed the structure, which is strategically positioned along Middlebrook Pike to serve the area’s growing University of Tennessee student population and its stable base of long-term residents.
“Our team held the line on quality every step of the way, and seeing this facility open its doors to Knoxville is a direct reflection of that commitment,” said Scott Hughes, Managing Director of Construction at DXD Capital. “We’re incredibly proud of what the team accomplished.”
This Knoxville, TN development marks DXD Capital’s continued commitment to delivering institutional-quality storage infrastructure in high-demand urban markets across the country and brings the company’s leasing portfolio to 28 facilities.
About Olympus Ventures
Olympus Ventures LLC is a Minnesota limited liability company that serves as the family office and private investment company of Richard M. Schulze, the founder of Best Buy. Olympus provides office support for the Richard M. Schulze Family Foundation, which supports organizations operating in human and social services, education, health and medicine, and entrepreneurship.
About DXD Capital
DXD Capital is a data-driven real estate private equity firm solely focused on the self storage sector. DXD utilizes data to evaluate self storage development opportunities across the US, searching for the highest demand/supply imbalances in markets that have high barriers to entry.
Jefferson King
DXD Capital
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