About US
The leading self-storage firm founded in 1999 with a focus on storage development and operations.
What Drives Nuvo’s Success
In 1999, Nuvo opted for an epic, new approach to self-storage development that has led them to become one of the most successful development partnerships in the industry. Imagining new designs and finding creative and successful locations are a mantra for Nuvo.
With a strong focus on the success of our investors, Nuvo works to ensure that its projects yield the highest returns possible. It is one thing to build basic, old-style self-storage facilities and quite another to create inviting and highly functional buildings that will bring in business and keep occupancy rates high.
The firm is highly committed to developing best-in-class self-storage facilities by locating superior sites, teaming with strong investors, and thinking outside the box, resulting in practical and profitable self-storage developments.
The Nuvo Story
Gary Cardamone, Nuvo Development’s CEO, is a divergent and creative entrepreneur with a knack for relationship building, project management, and feasibility analysis. After working in the Medical Device Industry for several years at the beginning of his professional career, Cardamone took an avid interest in self-storage development. In 1999, along with his brother, Rich, he developed, owned, and operated over 1 million square feet of storage and retail property within the USA Stor-A-Way brand.
During that time, Cardamone learned every aspect of the storage business. Including land acquisition, management of the entitlement process, securing debt, equity financing, partnership management, project budgeting, operating pro forma, coordination of third-party development, property management, and lease-up to stabilization and divestiture.
Gary also gained keen insight into the customer’s needs when working behind the desk! Managing the growth of a brand, storage platform, and eventual divestiture provided Cardamone with a wealth of experience and knowledge. Eventually, Cardamone sold USA Stor-A-Way in early 2007, but shortly after, he was forced to think creatively in the volatile economy of 2008. He bootstrapped an electronic payments platform that today processes more than $1 billion for more than 3,500 clients, totaling more than 1 million transactions!
Nuvo Development’s success stems from Cardamone having developed, owned, and operated self-storage facilities. His experience gives him a solid understanding of what works (and doesn’t work!) in the industry and how to exercise a new-and-improved, modern approach to current self-storage developments.
Our Process
What makes Nuvo Development stand out from other self-storage developers?
A combination of talented individuals, superior sites, strong investors, and creative thinking.
Site Selection
Knowledge + Experience + Information = Success
Site Acquisition
Entitlements
Due Diligence
Identify and solve underlying issues
Site Selection
Knowledge + experience + information = success
Site Acquisition
Entitlements
Due Diligence
Identify and solve underlying issues
Design
It all begins with a block drawing
Permitting
Value-driven design
Construction
On time and on Budget
Design
It all begins with a block drawing
Permitting
Value-drive design
Construction
On-time & on budget