NEWARK NJ−Prudential Mortgage Capital has financed the LockUp/Evergreen Storage portfolio of 18 self-storage properties located around the country with $131.7 million in first-mortgage loans.

The lender is the commercial mortgage business of Prudential Financial, which is based here. The transaction was orchestrated by executives in the San Francisco office.

The self-storage properties are located in Chicago, Minneapolis, Florida, Hawaii and Massachusetts, as well as in New Jersey. They include 13,422 units with a total of 1.15 million rentable square feet. Most of the facilities are Class A modern buildings situated in populous, affluent urban locations.

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