Self Storage - Northeast
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New York Storage Asset Trades for $18M
In 2016, seller and developer DealPoint Merrill financed the 685-unit project in Nanuet with a $6.8 million loan from Standard Insurance.
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Suburban Boston Storage Facility Trades for $25M
Nassau CorAmerica originated a $15.7 million loan for the acquisition of the 970-unit property in Needham.
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Storage Post Picks Up Brooklyn Facility
A nine-story storage facility near the Brooklyn Navy Yard was picked up by Atlanta-based Storage Post from previous owner Moishe’s Self Storage.
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Metro Self Storage Pays $29 million for Self-Storage Portfolio in Suburban Philadelphia
A portfolio of self-storage properties changed hands this month in suburban Philadelphia in a transaction brokered by HFF on behalf of the seller, PFG Capital of York, PA.
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Roslindale Self Storage Sold to The Grossman Companies
A family-owned real estate company expanded its self-storage portfolio in Boston with the acquisition of a 44,000-square-foot property in Roslindale, one of the city’s primarily residential neighborhoods.
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$14 Million CubeSmart Self-Storage Facility Approved for Development
The Boston Redevelopment Authority (BRA) green-lighted a project proposal to transform the vacant warehouse at 99 Rivermoor Street in West Roxbury off of VFW Parkway into a high-quality self-storage facility with new loading areas and accessory uses.