Saturday, June 25, 2022
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property type: Self Storage

Hammer Lane Self Storage facility

Northwest Buildings LLC has paid $25 million, or $40,000/unit, for the 625-unit Hammer Lane Self Storage facility in Stockton, Calif. The Kirkland, Wash., limited liability company, an affiliate of Matthew G. Norton Co., purchased the property from Hammer Lane LLC.

3350 Park Ave. in the Bronx, N.Y.

Wildflower Ltd. has sold a 3,305-unit self-storage facility at 3350 Park Ave. in the Bronx, N.Y., to Storage Post Self Storage for $64 million, or $19,364/unit. JPMorgan supplied $28 million of mortgage financing to facilitate the acquisition by Storage Post, ...

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