Storage Post Refinances $115M New York & New Jersey Portfolio
Storage Post made a $115 million deal to refinance its nine-property self-storage portfolio in New Jersey (Elizabeth, Linden, Perth Amboy, and Haledon) and New York (the Bronx, Floral Park, Garden City, Huntington Station, and Yorktown Heights).
The portfolio has 723,664 rentable square feet, with 9,578 units. JLL brokered the deal. Nuveen Real Estate provided the mortgage financing.
Storage Post also operates in Louisiana, Illinois and Georgia.
More Content
Popular Posts
The self storage industry is in a precarious...
Joe Shoen, CEO of U-Haul, has had enough.
Like its name implies, Surprise, Ariz., a...
Self-storage operators wear a lot of hats....
The question of “abandonment” of stored...
In a booming economy, expendable income...
In a record-breaking deal finalized May 12,...
Mother Nature can be a cruel mistress....
Boat and RV storage has morphed and...
Senate Bill 709 (SB709) has many in the...
Recent Posts
The idea of interior design often conjures...
Delinquent tenants are an inevitable part of...
Most leaders don’t ignore change because...
The self-storage sector has experienced a...
After 25 years in self-storage, I’ve seen...
In the early days of self-storage, many...
Brace for impact: starting today, the tax on...