Day: June 5, 2025

TFE-Owned Self-Storage Property Transitions to Cubesmart in Lakewood, NJ

TFE Properties has expanded its partnership with CubeSmart, tapping the self-storage operator to manage an 820-unit facility near Route 70 in Lakewood. According to TFE, the complex at 925 New Hampshire Ave. is a former EZ Self Storage location that transitioned to CubeSmart in early April. The landlord now hopes to reap the benefits, noting that the 95,000-square-foot facility has been in its portfolio since 2001 and features computerized gate access and climate-controlled, ground-level and oversized units. TFE added that the building’s proximity to Route 70 and to new and…

Go Store It to Launch REIT, Offering Flexibility for Self Storage Investors and Owners

Go Store It Self Storage plans to launch a real estate investment trust (REIT) in mid-2025, consolidating a large share of its portfolio under one entity in a move designed to streamline operations, simplify investor structure and enhance access to capital. The REIT will replace Go Store It’s current tenancy-in-common (TIC) model, offering existing TIC investors a tax-deferred rollover option. The new structure will support more efficient fundraising, improve portfolio-level financing and better position the platform for future transactions, including the possibility of a public listing or portfolio sale. Go…