Bridgewater, New Jersey’s Zoning Board of Adjustment has approved a self-storage facility on a 5.4-acre site at Routes 22 and 28, with a 5-2 vote concluding a review that spanned seven hearings between March 2025 and October 2026. Multiple use and bulk variances were required, as self-storage is not permitted in the C3 zone. Conditions include access hours of 6 a.m. to 10 p.m., no outdoor storage, no tractor-trailers, and lighting restrictions. The existing Melick’s Farm Stand will be preserved on the property. Read the Full Article Source: Patch
Day: October 19, 2026
JLL Closes $20.3M Bridge Financing for Adaptive Reuse Storage in Philadelphia
JLL Capital Markets has arranged $20.3 million in bridge financing for Pier 40 CubeSmart, a 118,280-square-foot self-storage facility at 841 South Christopher Columbus Blvd. in Philadelphia. Grant Street Funding provided the three-year loan with two one-year extension options on behalf of borrower PrimeSpace Capital. The facility, converted from a 1914 port warehouse, contains 1,486 climate-controlled units managed by CubeSmart. The financing supports ongoing lease-up following Phase 2’s February 2025 opening, with more than 75,000 square feet leased since then. Read the Full Article Source: JLL
