CubeSmart
Top 5 NYC Industrial Building Sales—August 2022
PropertyShark collected the top deals of the month for the sector.
Top 5 Self Storage Markets for Transaction Activity
We’ve identified the top self storage markets based on investment volume year-to-date through October, according to Yardi Matrix data.
CubeSmart Pays $17M for Las Vegas Storage Asset
Built in 2005, the two-story facility spans more than 45,000 net rentable square feet.
NitNeil Partners Acquires Denver Storage Property
The company financed its first acquisition in the metro with a $3.3 million loan from Alpine Bank.
CubeSmart Strikes $540M NYC Self Storage Deal
The blockbuster transaction will add nearly 800,000 rentable square feet to the storage giant’s platform in Queens, Brooklyn and the Bronx.
Southeast Florida Storage Asset Trades for $14M
ServisFirst Bank originated a $10.3 million loan for the purchase of the 78,521-square-foot property.
CSW Development Sells Austin Storage Asset
The new owner received a five-year, $9.2 million acquisition loan from Happy State Bank.
Wasatch Storage Partners Sells Nashville-Area Portfolio
National Western Life Insurance Co. provided a $12 million loan for the acquisition of 1,200 units in Murfreesboro, Tenn.
Top 5 Northeast Markets for Self Storage Development
More than 25 million square feet of storage space was planned or underway in the Northeast as of July.
Top 5 Secondary Markets for Self Storage Development
More than 44 million square feet of storage space was planned or underway in secondary markets as of May. CPE identified the top-performing markets based on the new-supply pipeline as a percentage of existing stock.