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Transactions and Deals: April 25, 2024

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Transactions and Deals: April 25, 2024

Moove In Adds in Pennsylvania

 

Moove In Self Storage acquired a facility in Etters, Pennsylvania. Moove In has more than 80 locations.

 

 

 

 

Madison Capital Names New Director

 

Madison Capital Group, which operates Go Store It, appointed Amanda Teeple as managing director.

 

Central Jersey Building in the State

 

Central Jersey Storage intends to build a storage facility in Monroe, New Jersey.

 

U-Haul Building in Missouri

 

U-Haul will build a new self storage facility in Lake Ozark, Missouri. The project is scheduled for spring 2026 completion.

 

Janus Buys Door Manufacturer

 

Janus International Group closed the acquisition of DBCI, a manufacturer of steel roll-up doors and building products and a part of Cornerstone Building Brands. DBCI will continue to operate under its own name as a subsidiary of Janus.

 

Yardi: Street Rates Remain Down

 

Annual street rates remained negative in March, down 4.5% year-over-year, according to Yardi Matrix. All top metros registered a negative street rate.

 

Carlyle Buys Two in Brooklyn

 

Carlyle Group acquired two storage facilities in Brooklyn, New York, for $14.5 million and for $45.6 million.

 

U-Haul Buys in New York

 

U-Haul has acquired a facility in Webster, New York. Christa Construction sold the asset for $11.5 million.

 

MV Completes Florida Project

 

MV Investment completed a storage facility in Winter Haven, Florida. CubeSmart will manage the property.

 

 

 

 

 

 

 

| Categories: | Tags: Moove In Self Storage, Madison Capital Group, Central Jersey Storage, U-Haul, Janus International Group, DBCI, Yardi Matrix, Carlyle Group, MV Investment | View Count: (595) | Return

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