June 27, 2003The Courier-JournalBayer Properties, developer of the Summit at Louisville shopping center in Louisville, Ky., has confirmed that talks are under way to sell the 367,000-square-foot center. With its prime location at Brownsboro Road and the Snyder Freeway.
June 20, 2003 AEW Partners III LP and its partners in Storage World LP have received $90 million to refinance the Storage Spot self-storage portfolio.Tremont Realty Capital's Boston office arranged the three-year, floating-rate bridge loan, which represents a 70 percent ...
June 9, 2003 Charlotte Business Journal (First Item)Ed Brigham of Brigham Enterprises is finalizing plans for a $12 million mixed-used development called Seneca Place, a 129,000-square-foot project in Charlotte, N.C., that will incorporate office, retail and self-storage space. Seneca Place ...
June 6, 2003 Prudential Insurance Co. has provided $70 million of financing for a portfolio of self-storage properties owned by Lock Up Storage Centers.Prudential's loan, which was arranged by the insurer's Prudential Mortgage Capital Co., is comprised of a $56 ...
May 30, 2003 GMAC Commercial Mortgage is tapping the CMBS market to fund a $175 million mortgage on a portfolio of self-storage facilities.But GMAC will only sell $90 million of bonds through GMAC Commercial Mortgage Asset Corp., 2003-PMSRLP. A GMAC ...
May 28, 2003 Shurgard Storage Centers Inc. (NYSE:SHU) has formed a joint venture with a total capitalization of about 147.5 million euros ($173.5 million) to develop roughly 25 self-storage properties in Europe this year and next year.The joint venture, First ...
May 27, 2003 St. Louis Business JournalAfter battling for market share for five years, St. Louis-based Storage Banc has acquired its biggest competitor with the purchase of Public Storage's St. Louis container business. The company is likely to build additional ...
April 14, 2003 Storage USA, one the country's largest self-storage companies, is offering for sale a portfolio of 35 properties that could be valued at more than $140 million.The Memphis, Tenn., company, which owns and franchises properties, has hired Marcus ...
April 7, 2003 Amerco (Nasdaq:UHAL), the parent of U-Haul International, said it has received and accepted a proposal for a four-year $865.75 million secured credit facility.The facility is part of a broader restructuring the embattled self-storage company is completing. As ...
March 21, 2003 Shurgard Storage Centers Inc. (NYSE:SHU) has priced a $200 million offering of senior unsecured notes.Lead managers for the offering, Banc of America Securities and Salomon Smith Barney, priced the notes at 99.577 percent of par to yield ...
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