{"id":1004272859,"date":"2018-10-18T07:09:51","date_gmt":"2018-10-18T15:09:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004272859"},"modified":"2022-12-08T03:50:20","modified_gmt":"2022-12-08T11:50:20","slug":"fl-self-storage-receives-7m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fl-self-storage-receives-7m-refi\/","title":{"rendered":"FL Self Storage Receives $7M Refi"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004272877\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004272877\" data-attachment-id=\"1004272877\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/fl-self-storage-receives-7m-refi\/jax-self-storage-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Jacksonville Self Storage\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Jacksonville Self Storage &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg?w=800\" class=\"wp-image-1004272877 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004272877\" class=\"wp-caption-text\">Jacksonville Self Storage<\/p><\/div>\n<p>Aztec Group Inc. has arranged a $6.8 million loan for the refinancing of Jacksonville Self Storage, a 982-unit facility in Jacksonville, Fla. Benefit Street Partners LLC provided the loan to Jacksonville Self Storage LLC operating in Jacksonville and South Florida. The borrower purchased the self-storage property in 2013.<\/p>\n<p>Located at 10724 Lem Turner Road, Jacksonville Self Storage is close to interstates 295 and 95, approximately 8 miles from the city\u2019s downtown. The facility is situated near several apartment communities, such as the 240-unit Madison Woods and 360-unit The Place at Capper Landing. The storage asset was constructed in 2008 and was expanded in 2013 due to population and employment growth in the area. Jacksonville Self Storage occupies almost 17 acres and comprises units ranging from 25 to 500 square feet. The five-building facility features climate-control, gated entry, drive-up access and parking and RV parking spaces.<\/p>\n<p><em>\u201cThe storage facility\u2019s prime location in Northern Florida coupled with the strength of the borrower enabled us to secure financing terms that met our client\u2019s expectations,\u201d <\/em>said Howard Taft, senior managing director at Aztec Group, in prepared remarks.<\/p>\n<p>Aztec Group&#8217;s team included Taft, Executive Vice President Charles Penan and Senior Associate Joel Zusman. Earlier this year, the firm arranged <a href=\"https:\/\/www.commercialsearch.com\/news\/aztec-group-arranges-6m-financing\/\">$5.9 million in financing<\/a> for the acquisition of Westshore Center, a 77,000-square-foot office building in Tampa, Fla.&nbsp;<\/p>\n<p><em>Image courtesy of Aztec Group Inc.&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aztec Group arranged the loan through Benefit Street Partners LLC on behalf of Jacksonville Self Storage LLC. The facility is in Jacksonville, Fla., around 8 miles from the city\u2019s downtown. <\/p>\n","protected":false},"author":871,"featured_media":1004272877,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,1591,21742],"tags":[34272,42521],"class_list":["post-1004272859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-jacksonville","category-latest","tag-aztec-group-inc","tag-jacksonville-self-storage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FL Self Storage Receives $7M Refi - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/fl-self-storage-receives-7m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FL Self Storage Receives $7M Refi\" \/>\n<meta property=\"og:description\" content=\"Aztec Group arranged the loan through Benefit Street Partners LLC on behalf of Jacksonville Self Storage LLC. The facility is in Jacksonville, Fla., around 8 miles from the city\u2019s downtown.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fl-self-storage-receives-7m-refi\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-18T15:09:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T11:50:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/JAX-Self-Storage-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"FL Self Storage Receives $7M Refi\",\"datePublished\":\"2018-10-18T15:09:51+00:00\",\"dateModified\":\"2022-12-08T11:50:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/\"},\"wordCount\":240,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/10\\\/JAX-Self-Storage-1.jpg\",\"keywords\":[\"Aztec Group Inc.\",\"Jacksonville Self Storage\"],\"articleSection\":[\"Finance\",\"Jacksonville\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fl-self-storage-receives-7m-refi\\\/\",\"name\":\"FL Self Storage Receives $7M Refi - 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