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Transactions and Deals: June 20, 2024

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Transactions and Deals: June 20, 2024

ARCO/Murray Opens New Jersey Facility

ARCO/Murray and Quinlan Development Group completed a self storage facility in South Orange, New Jersey. Extra Space Storage will operate the facility.  

StorQuest Celebrates with Brand Ambassadors

StorQuest Self Storage celebrated International Surfing Day with an Eco Surfboard Giveaway. The event supported the nonprofits SeaTrees, Sustainable Surf and included sports influencer Abe Kislevitz and surfboard shaper, Ryan Harris.  

Marcus & Millichap Brokers Sale to REIT

Marcus & Millichap brokered the sale of Prosper Self Storage in McKinney, Texas. The buyer was a publicly traded REIT.  

West Coast Adds Management Contract

West Coast Self-Storage will manage Sedro-Woolley Mini Storage in Sedro-Woolley, Washington.  

Developer to Convert New York Mall

Bahlmann Capital Group intends to convert a portion of the Ithaca Mall in Lansing, New York, to self storage, according to The Ithica Voice. If approved, CubeSmart will manage the property.

Prime Buys Rhode Island Facility

Prime Storage purchased a storage facility in Woonsocket, Rhode Island, for $6.6 million. This is Prime Storage’s eighth facility in the state.  

Public Storage Expanding Texas Location

Public Storage is expanding a facility in La Marque, Texas, by 606 units. The project is slated for a November completion.

SkyView Brokers Texas Sale

SkyView Advisors brokered the sale of Public Storage (managed) in McKinney, Texas.  

Carlyle Secures Refi-Loan  

The Carlyle Group and Sabharwal Properties secured a $100 million loan to refinance a four-property storage portfolio in New York City, according to The Real Deal. PGIM Real Estate provided the debt.  

New Indiana Storage Opens

Region Self Storage opened a facility in Hobart, Indiana.  

Summers Joins Kidder Matthews

Dana Summers has joined Kidder Matthews in Phoenix, Arizona, as senior vice president. Kidder Matthews is an independent commercial real estate firm.  

Versal Brokers Texas Transaction

Versal brokered the sale of Affordable Storage in Clute, Texas. Fab Legacy was the seller, and LAGO Properties was the buyer.







| Categories: | Tags: ARCO/Murray, StorQuest, Prosper Self Storage, West Coast Self-Storage, Bahlmann Capital Group, Prime Storage, Public Storage, SkyView Advisors, The Carlyle Group, Region Self Storage, Versal | View Count: (334) | Return

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