Safely Store Self Storage, a platform backed by $400 million in institutional capital from La Caisse and a global co-investor, has closed a $160 million credit facility arranged by JLL Capital Markets and funded by J.P. Morgan. The financing is secured by 11 facilities across seven U.S. metros totaling over 872,000 rentable square feet, managed by Extra Space Storage. Structured as a $60 million term loan with a $100 million accordion feature, the facility is designed to support platform growth through future acquisitions and development.
The transaction reflects continued institutional capital flow into professionally managed self-storage platforms.
Source: JLL
