property type: Self Storage

Multi-Housing News Morningstar Properties has paid $19.5 million, or $15,439/unit, for HPI Henderson Storage, a 1,263-unit self-storage property in Henderson, Nev. The Matthews, N.C., company purchased the property from HPI Real Estate in a deal brokered by Versal. First Citizens ...

Maya Capital Partners has formed a joint venture with investment manager Artemis Real Estate Partners that will pursue self-storage properties in the northeastern United States. The $300 million venture was arranged by Newmark and has been seeded with a 1,120-unit ...

Multihousing News Arcland Property Co. has paid $18.6 million, or $19,724/unit, for the 943-unit self-storage facility at 1163 Garrisonville Road in Stafford, Va., about 40 miles south of Washington, D.C. The Washington company, which invests in storage properties in the ...

Philadelphia Business Journal OceanFirst Bank has provided $42.5 million of financing, while Nuveen Green Capital provided $30.1 million of commercial property assessed clean energy, or C-PACE, financing for the construction of a 172,000-square-foot cold-storage facility at 2201 East Allegheny Ave. ...

Multi-Housing News Arcland Property Co. has paid $112.8 million, or $36,387/unit, for two self-storage facilities with a total of 3,100 units in Kensington, Md., and Alexandria, Va. The two properties are at 3700 Plyers Mill Hill Road in Kensington and ...

A partnership of Andover Properties and Angelo, Gordon & Co. has lined up $360 million of financing against a portfolio of 50 self-storage properties with 3.5 million square feet throughout the country. Newmark arranged the financing through Goldman Sachs. Additional ...

Commercial Real Estate Direct Staff Report Voya Investment has provided $156 million of financing against a portfolio of 27 U-Haul self-storage properties with a combined 1.3 million square feet and 12,699 units. The loan allows the owner of the properties, ...

South Florida Business Journal Lynd Development Group is planning to build an eight-story self-storage facility in Miami. The San Antonio developer agreed to a 99-year ground lease for the site, which is owned by Serge Investments of Miami. A 14,594-square-foot ...

Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc. has provided $34.2 million of permanent financing against 10 self-storage properties with 3,616 units throughout Arizona. The financing was secured by Marcus & Millichap's Institutional Property Advisors Capital Markets ...

Provender Partners has paid $22.5 million, or $103.40/sf, for the 217,540-square-foot temperature-controlled distribution facility at 215 North Mill Road in Vineland, N.J. The Newport Beach, Calif., investor, which specializes in industrial properties leased to food-related businesses, bought the 27-year-old property ...