PrimeSpace Finances Philadelphia Asset

 

JLL Capital Markets arranged $20.3 million in bridge financing for PrimeSpace Capital’s Pier 40 CubeSmart in South Philadelphia’s waterfront district.

 

 

 

Marcus & Millichap Sells Texas Assets

 

Marcus & Millichap brokered the sale of the two-property Fortress Storage Center portfolio in Rockport and Victoria, Texas. 

 

Andover Buys Texas Property

 

Andover Properties acquired a storage facility in Pinehurst, Texas. The facility will operate under Andover’s Storage King USA brand.

 

StoragePug to Host AI Webinar

 

StoragePug’s Tommy Nugyen will host a webinar about the current state of AI in the storage industry on Wednesday, Dec. 9 at 1 pm ET. The State of AI will be hosted in Storage Academy, StoragePug’s free online learning community.

 

Superior Brokers National Mini Sale

 

Superior Capital Advisors brokered the sale of National Mini Storage in Wichita Falls, Texas. 

 

West Coast to Manage Three Oregon Stores 

 

West Coast Self-Storage added three storage facilities to management. They are: Mistletoe Road Self Storage in Ashland, Oregon, Pear Tree Lane Self Storage in Phoenix, and South Medford Self Storage in Medford. 

 

Talonvest Handles StorQuest Refi

 

Talonvest Capital arranged $9.46 million to refinance a storage facility in Stockton, California, for The William Warren Group. 

 

Versal Sells Texas Asset

 

Versal brokered the sale of A-Prime Self Storage in La Grange, Texas. The buyer was Wiicre Capital Fund I LLC.

 

ARCO/Murray Completes New Jersey Build

 

ARCO/Murray completed a new storage facility in Hamilton, New Jersey, for The Feldman Companies. Extra Space Storage will operate the facility.

 

Capco Pledges Salvation Army Sponsorship 

 

Capco partnered with the Salvation Army to sponsor Angel Trees in the San Antonio, Texas, area at Christmas. The business will sponsor 125 children.