Day: February 17, 2026

A construction loan has been arranged for High Mountain Promenade, a multi-phase mixed-use development being built in North Haledon. The loan from First Bank will primarily fund the first phase of the development, a three-story, 74,715-square-foot self-storage facility, according to a Jan. 29 statement by JLL Capital Markets. JLL secured the financing for the project, which will be developed by a joint venture between Tulfra Real Estate and Hampshire Real Estate Companies. The project is located at 987 Belmont Ave. A portion of the financing will support future development phases…

JLL Capital Markets announced on Tuesday, Feb. 17, that it has arranged a construction loan for the development of South River Self Storage, a to-be-built facility at 696 Old Bridge Turnpike in South River. The three-story facility is slated for delivery in the first quarter of 2027 and will total 105,487 square feet, according to JLL. The building will offer climate-controlled units averaging 90.7 square feet each, along with 15 exterior access units and 15 parking spaces, the firm said. Extra Space Storage will lease-up and manage the daily operations…

Storage Post Self Storage, a leading self-storage company, today announced the acquisition of a new self-storage facility in Nyack, further increasing its presence in New York. The property, located at 92 New York 59, was previously operated by Go Store It. The acquisition marks Storage Post’s second facility in Rockland County and supports the company’s continued growth across New York and New Jersey. Storage Post worked with JLL Capital Markets to complete the transaction, which was brokered by Managing Directors Steve Mellon and Brian Somoza. “The Nyack acquisition represents another…