{"id":1004340614,"date":"2019-07-23T09:45:04","date_gmt":"2019-07-23T17:45:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004340614"},"modified":"2025-02-28T00:29:04","modified_gmt":"2025-02-28T08:29:04","slug":"metro-storage-expands-florida-holdings","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/metro-storage-expands-florida-holdings\/","title":{"rendered":"Metro Storage Expands Florida Holdings"},"content":{"rendered":"<div id=\"attachment_1004340617\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004340617\" data-attachment-id=\"1004340617\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/metro-storage-expands-florida-holdings\/metro-storage\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.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=\"Metro Storage\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Metro Storage&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg?w=800\" class=\"wp-image-1004340617 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Metro-Storage.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004340617\" class=\"wp-caption-text\">Metro Storage<\/p><\/div>\n<p>Metro Storage LLC has added a 62,607-rentable-square-foot facility to its portfolio in Orlando, Fla. Volta Global sold the storage asset for $7.5 million, according to Yardi Matrix data. The sale was subject to a $5.6 million loan held by First American Bank. The acquisition marks the firm\u2019s second store in Orlando and 24<sup>th<\/sup> in Florida.<\/p>\n<p>Located at 7500 W. Colonial Drive, the storage asset is alongside Freeway 50, roughly 7 miles from downtown Orlando. The facility is situated near residential areas, there are more than 14,000 rental units completed or under construction within a 3-mile radius, according to Yardi Matrix.<\/p>\n<p>The two-story storage asset was constructed in 2018 and encompasses a total of 641 climate-controlled indoor and non-climate-controlled drive-up units, ranging from 20 to 400 square feet. Features of the facility include gated entry, security cameras and parking and RV parking spaces.<\/p>\n<p>In May, the company has secured <a href=\"https:\/\/www.commercialsearch.com\/news\/metro-storage-lands-78m-refi-for-8-property-portfolio\/\">$78 million refinancing loan<\/a> for an eight-property portfolio in Illinois, New Jersey and Pennsylvania.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company acquired a 641-unit self storage facility located roughly 7 miles from Orlando\u2019s downtown. <\/p>\n","protected":false},"author":871,"featured_media":1004340617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,1493],"tags":[46433,40886],"class_list":["post-1004340614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-orlando","tag-first-american-bank","tag-metro-storage-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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