Day: December 17, 2025

Westport Properties Expands into Utah with Acquisition of Three Self Storage Facilities

Facilities to be professionally managed under the US Storage Centers brand NEWPORT BEACH, Calif., Dec. 17, 2025 /PRNewswire/ — Westport Properties, a premier self storage investment and management company operating facilities nationwide, announced the acquisition of three self storage properties in Utah — marking the company’s first expansion into the state. The newly acquired facilities are located at: 6743 South 1300 East, Cottonwood Heights, Utah 84121 12362 South 700 East, Draper, Utah 84020 1053 East 3300 South, Millcreek, Utah 84106 With this acquisition, Westport Properties brings its institutional management platform and the…

Storage Post Lands $47 Million for Self-Storage Facility in Manhattan, New York

Storage Post has secured a $47 million first mortgage loan for its 1,959-unit self storage facility at 444 E. 10th St., in Manhattan’s East Village neighborhood. Nuveen Real Estate issued the note in a transaction arranged by JLL Capital Markets. Storage Post and Almanac Realty Investors acquired the property in 2022 from a private individual, for $61 million. At the time, the owners landed a $40.3 million acquisition loan held by Heitman, with an initial maturity set for April 2025. Storage Post manages two other locations under the same brand…