property type: Self Storage

PNC Bank has provided $248 million of financing against a portfolio of nine self-storage properties in New York, Los Angeles, Miami and Portland, Ore., owned by a venture led by ASB Real Estate Investments. The loan has a three-year term ...

San Antonio Business Journal Cold Creek Solutions is breaking ground in December on a 305,000-square-foot cold-storage facility in San Antonio. The Fort Worth, Texas, developer is building the property as part of the Connection Business Park along Foster Road. It ...

Real Estate NJ Tulfra Real Estate plans on constructing a 220,000-square-foot self-storage facility in Jersey City, N.J. The project, at 300 Thomas McGovern Drive, will also have a parking lot. It's being built across from Liberty State Park near Interstate ...

Multi-Housing News A venture of Invesco Real Estate and Baranof Holdings has paid $48.5 million, or about $54,189/unit, for Solana Beach Storage, an 895-unit self-storage facility in Solana Beach, Calif. The seller was not disclosed. Cushman & Wakefield brokered the ...

The Real Deal Santander Bank has provided $32 million of financing for the development of a self-storage project at 1223 East New York Ave. in Manhattan. Eastdil Secured arranged the debt. Carlyle Group is developing the three-story property, which is ...

Multi-Housing News Red Hat Enterprises has paid $20 million, or $21,052/unit, for the 950-unit self-storage facility at 7600 SW Atlanta St. in Tigard, Ore., about nine miles southwest of Portland, Ore. The Southern California-based company purchased the property from Trailblazer ...

Investment manager Imperium Capital has quickly moved into the industrial outdoor-storage facility sector, a long-overlooked niche, and is aiming to make more than $250 million of investments in the sector in the coming year. The New York company, through its ...

The Real Deal Storage Deluxe plans to develop a 125,000-square-foot self-storage facility at 34-38 38th St. in Queens, N.Y. The company will add seven stories to the existing two-story building on the site, which houses the Astoria Sports Complex. Storage ...

Buchanan Street Partners has paid $26.4 million, or $277.89/sf, for the 95,000-square-foot self-storage facility at 3296 Heritage Road in Chula Vista, Calif. The Newport Beach, Calif., investment manager purchased the property from HomeFed Corp. of Carlsbad, Calif. The climate-controlled property, ...