Investment management giant Barings has entered into a joint venture with Canvass Capital to acquire and develop self-storage properties throughout the Southeastern US.
The joint venture of the two real estate investment managers plans to invest up to $250M of equity into acquiring and developing self-storage space in the Southeast over the next few years.
The Barings and Canvass partnership doesn't have a formal name, but it's already closed on the acquisition of three self-storage assets in the Lake Norman region north of Charlotte, NC.
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