Ten state-of-the-art, Class A self-storage properties in various stages of lease-up
Dense population, high costs of living, and small living spaces continue to yield a healthy demand environment for self-storage in the boroughs
Each property has an ICAP abatement in place, and is well-positioned to benefit from rapid rent growth resulting from limited incoming new supply
This portfolio is an excellent investment opportunity for a buyer with a long-term investment horizon. The existing supply is beginning to stabilize, and with limited new supply incoming, the portfolio is poised for strong market rent growth
Cushman & Wakefield’s Self-Storage Advisory Group has successfully sold four of SNL’s newly built, Class-A self-storage properties.
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