Day: September 13, 2022

TPG Real Estate Partners (“TREP”), the dedicated real estate equity investment platform of global alternative asset management firm TPG and Value Store It, a best-in-class self storage owner and operator, today announced the recapitalization of a portfolio in the Value Store It platform. The new partnership will seek to acquire high-quality self storage assets in Florida. Value Store It currently owns and operates over 1.8 million square feet of net rentable storage space in South Florida, Tampa, Orlando, the Florida Space Coast, and Boston. The company prides itself on providing…

Make Space Capital Partners is pleased to announce that it has completed a $51.6 million acquisition of seven storage investments from related party vendors. The storage investments are located from British Columbia to Ontario, including Vancouver Island, BC, Edmonton, AB, Calgary, AB, Kitchener, ON and Mississauga, ON. The addition of these assets validates the incredible work our team has done to create value in the fund for both present and future inventors.” The acquisition of these assets adds over 3,800 units and over 450,000 square feet of net rentable space…

Properties: Two Extra Space Storage Managed Facilities Closing Price: $23.6 Million Locations: Mooresville and Salisbury, NC Brokers and Brokerage: Morgan Windbiel of CBRE Acreage: 2.06 NRSF: 136,994 Unit Count: 1,385 Property: Go Store It Self Storage Location: Coral Gables, FL Buyer: SecureSpace Self Storage NRSF: 78,094 Unit Count: 1,070 Year Completed: 2019 Property: VIP Self Storage Location: El Cajon, CA Brokers and Brokerage: Keith Phillips and Charles “Chico” LeClaire of the LeClaire Schlosser Group of Marcus & Millichap NRSF: 23,620 Unit Count: 376 Non-Climate Controlled Property: Clinton Self Storage Location:…