NEWBURGH, NY—Holiday Fenoglio Fowler has closed the sale of a two-property Ace Self Storage portfolio totaling 630 units and 95,878 rentable square feet in upstate New York.

Holiday Fenoglio Fowler (HFF) marketed the portfolio on behalf of the seller, Real Estate Technology. World Class Capital Group, LLC purchased the assets as its first self storage acquisition into the New York market.

The 94.8% occupied portfolio is comprised of a 388-unit property located at 735 and 765 South Street in Newburgh and a 241-unit facility at 1594 Route 9G in Hyde Park, NY. Three buildings – two self-storage buildings and one warehouse leased to three commercial tenants – comprise the Newburgh property, which is located just south of Interstate 84 off of Exit 5B in a community on the Hudson River 60 miles north of New York City. The Hyde Park property includes eight buildings and a stand-alone management office. The asset is situated between Partridge Hill Road and Deer Hill Road on Route 9G in a residential community located between New York City and Albany. Additionally, the Hyde Park property has 12 RV parking spaces. Both properties include climate and non-climate controlled units and on-site management. The buyer plans to expand the facilities to add additional units. The properties will be rebranded and managed by Great Value Storage, the firm's wholly-owned storage management platform.