SkyView Handles Multiple Sales

 

SkyView Advisors brokered the following sales:

•    Space Place Storage in Angleton, Texas.
•    West Ridge Mini Storage in Elyria, Ohio. 

 

 

Public Storage Abandons Australian Bid

 

Public Storage and South African billionaire Nathan Kirsh withdrew their $1.41 billion takeover offer for Australia’s Abacus Storage King. 

 

SmartStop Buys Five in Alberta

 

SmartStop Self Storage acquired a 5-facility portfolio in Alberta, Canada. The properties are in Edmonton, Sherwood Park, Red Deer County, Canmore and Cochrane.

 

Urow Brokers Deals Across South, Mid-Atlantic

 

Urow Real Estate brokered the following sales:

•    Self Storage Plus (managed) in Hyattsville, Maryland.
•    Action 9-A Storage in Jacksonville, Florida. 
•    Imperial Storage Solutions & Business Park in Sugar Land, Texas. 

 

Gantry Secures Loan for Tennessee Refi

 

Gantry secured a $12 million loan to refinance Storelocal Brentwood in Brentwood, Tennessee.

 

Alabama Operator Opens New Location

 

Smith’s Storage opened a location in Smiths Station, Alabama. 

 

Investor Lands Construction Loan

 

Woodglen Investments secured a $23 million construction loan from Catal Group to build a facility in West Palm Beach, Florida, according to Commercial Observer.

 

Investors Plan 15-Story Manhattan Mini Development

 

Flatiron Equities and Mequity Company are developing a 15-story Manhattan Mini Storage facility in Manhattan’s Garment District. The project involves conversion of an existing eight-story building.  

 

Adverank Gains Investment Capital

 

Adverank digital advertising platform closed a seed investment round that was led by a syndicate of 10 industry leaders in self storage, including Tim Springer, founding partner of AVAD Capital and Avid Storage. 

 

PTI Releases New Smart Keypad

 

PTI Security Systems released its newest product, the AP1+ Smart Keypad, which fuses touchless mobile entry, a high-resolution camera and two-way intercom.