Evelyn Jozsa
Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Texas Self Storage Facility Changes Hands
Marcus & Millichap’s Houston- and Denver-based offices brokered the sale of the 529-unit storage property located in Katy, around 30 miles from downtown Houston.
Hines Continues Arizona Storage Expansion
The company is set to develop two facilities in Tempe and Litchfield Park. The properties are expected to be completed by the end of this year.
Nazareth Enterprises Acquires Bay Area Ice Rink
SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.
Dollinger Properties Buys Suburban OC Office
HFF brokered the sale of the 145,467-square-foot office building, located in Brea, Calif., on behalf of the seller, TA Realty.
Marcus & Millichap Brokers Sale of East Texas Storage
The firm’s Fort Worth-based Karr Self-Storage group arranged the sale of a 735-unit facility located in Corsicana, Texas, roughly 58 miles from Dallas.
JLL Arranges $32M Refi for NJ Facility
The company’s Capital Markets team worked on behalf of the borrower, SROA Capital, to refinance a 400,000-square-foot self storage facility in Belleville.
HFF Secures $17M Refi for Sacramento Facility
The Bendetti Co. received the loan for a 302,400-square-foot industrial asset located in West Sacramento, an emerging industrial market.
HFF Arranges Refi for NC Storage Facility
The firm’s debt placement team arranged the loan on behalf of Madison Capital Group, to refinance a 719-unit property located in Wilmington N.C.
StorageMart Expands Omaha Footprint
The company added more than 1,700 self storage units to its portfolio in the greater Omaha market. The facilities are located around 10 to 16 miles from the city’s downtown.
Strong Demand for Self Storage Pushes Rents Towards Recovery
Although street-rate rents remained flat for the standard non-climate-controlled units month-over-month, rent performance for climate-controlled units improved by 70 basis points compared to the previous month.