Stowaway Self Storage 8-Property Portfolio Opportunity – NJ, PA & NY
Sold
NRSF
694,645
New Jersey, Pennsylvania, New York
8-Property Portfolio
High Occupancy Assets: Eight well-maintained, predominantly single-story self storage facilities, totaling 694,645 rentable square feet across 5,216 units.
High Consumer Demand: The majority of the Portfolio consists of highly sought after drive-up accessible units.
Owner-Managed Properties: In-house management platform with Stowaway Self Storage owning and running all assets.
Operational Synergies: The Portfolio offers a potential buyer an excellent opportunity to expand their existing self storage portfolio or enter new markets with enough scale and size to achieve appropriate economies and operating synergies.
Expansion Opportunity: Positioned on 6.3 acres with the potential for future vertical development to capture further demand.
Limited Supply: High barrier to entry trade areas with supply per capita metrics well below national average for several assets.
Cushman & Wakefield’s Self-Storage Advisory Group has successfully completed the sale of the Stowaway Self Storage Portfolio (the “Portfolio”).
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