Day: January 19, 2026

Gantry Arranges $12M Refinancing for Two Self-Storage Facilities in Suburban Detroit, Michigan

Gantry has arranged $12 million across two loans to refinance maturing debt for a pair of National Storage-branded facilities in suburban Detroit on behalf of Pogoda Cos. The stabilized properties offer 1,082 units totaling more than 141,000 net rentable square feet with additional vehicle storage and both climate-controlled and drive-up units. Andy Weiss, Andy Bratt and Nick Severson of Gantry represented the borrower, a private real estate investor. A life insurance company provided the seven-year, fixed-rate loan, which features interest-only payments for the full term and flexible prepayment. Gantry will…

City Council Grants Preliminary Approval for New U-Haul Self-Storage Building in Durango, Colorado

Durango City Council approved a preliminary plan for a new three-story U-Haul self-storage facility and store earlier this month near the Grandview Interchange in eastern Durango. The development is planned for 59 Copper Court below a Starbucks atop a hillside. The property is part of a South Fork Character District master plan and conceptual development plan, said Jayme Lopko, Community Development Department director, at the City Council meeting Jan. 6. The plan calls for a three-story, 108,174-square-foot building. In reviewing the plan, city staff considered access, traffic circulation and parking,…

Three-Story Self-Storage Facility Under Construction in South River, New Jersey

Construction is underway on a massive 105,500-square-foot self-storage facility in South River. The developer, CrownPoint Group Inc., broke ground earlier this month on the three-story, climate-controlled facility at 696 Old Bridge Turnpike. The facility is located at the intersection of Old Bridge Turnpike and Route 18, according to a statement from the developers. More than 1,000 apartments already surround the site, with 218 additional units under development. The residential growth demand created the need for storage space that existing facilities haven’t met, the developers said. The project marks the Parsippany-based…