Bineth Group and Upper Space Group expanded their self-storage holdings with new facilities in Elizabeth and Pennsauken, New Jersey, and the acquisition of a property in Buffalo, New York. The projects add climate-controlled storage capacity in high-density Northeast markets serving residential and commercial users. Extra Space Storage will manage the two New Jersey facilities, including an 89,000-square-foot property in Elizabeth and an 869-unit site in Pennsauken. The expansion highlights continued investment in self-storage assets near major transportation, logistics, and population centers across the Northeast.
Source: Real Estate NJ
