Storage Post has struck a $115 million deal to refinance its nine-property self-storage portfolio in the Tri-State area.
Most of the units are in New York, while a few are in New Jersey. But all of them sit in the New York Metro area. The New Jersey portion covers Elizabeth, Linden, Perth Amboy, and Haledon. The New York self-storage assets are in the Bronx, Floral Park, Garden City, Huntington Station, and Yorktown Heights.
The Class A portfolio spans a total of 723,664 rentable square feet, with 9,578 units. The portfolio was first acquired by Storage in 2022 when it only took up 633,364 square feet of space.
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