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Pru' Finances $132M Self-Storage Portfolio

NEWARK, NJ-Prudential's mortgage company provided a $131.7 million in first mortgages for the 18-property Lock Up/Evergreen self-storage portfolio.

By Antoinette Martin | Updated on June 18, 2014

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.

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