{"id":12625,"date":"2026-09-16T14:23:00","date_gmt":"2026-09-16T14:23:00","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12625"},"modified":"2026-09-23T15:48:35","modified_gmt":"2026-09-23T15:48:35","slug":"basis-industrial-secures-24m-loan-for-self-storage-project-in-wayne-new-jersey","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/basis-industrial-secures-24m-loan-for-self-storage-project-in-wayne-new-jersey\/","title":{"rendered":"Basis Industrial Secures $24M Loan for Self-Storage Project in Wayne, New Jersey"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><img loading=\"lazy\" class=\" wp-image-12626 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/09\/basis-1.jpg\" alt=\"\" width=\"216\" height=\"162\" \/>Basis Industrial has closed a $24 million construction loan from NexBank and NexPoint for a self-storage development at 555 Hamburg Turnpike in Wayne, New Jersey. The facility will contain 586 climate-controlled units across 85,330 net rentable square feet and will be managed by Extra Space Storage upon completion. Construction is underway with an early 2028 delivery target.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The project is part of Basis Industrial&#8217;s ongoing Northeast expansion and continues the company&#8217;s pattern of pairing new development with established third-party operators.<\/span><\/span><\/span><\/p>\n<p><a style=\"display: inline-block; background-color: #f97033; color: #ffffff; padding: 8px 14px; font-size: 13px; font-weight: 600; text-decoration: none; border-radius: 4px; line-height: 1.2;\" href=\"https:\/\/rebusinessonline.com\/basis-industrial-receives-24m-construction-loan-for-self-storage-project-in-wayne-new-jersey\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<br \/>\n<\/a><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><strong>Source:<\/strong> RE Business Online<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Basis Industrial has closed a $24 million construction loan from NexBank and NexPoint for a self-storage development at 555 Hamburg Turnpike in Wayne, New Jersey. The facility will contain 586 climate-controlled units across 85,330 net rentable square feet and will be managed by Extra Space Storage upon completion. Construction is underway with an early 2028 delivery target. The project is part of Basis Industrial&#8217;s ongoing Northeast expansion and continues the company&#8217;s pattern of pairing new development with established third-party operators. Read the Full Article Source: RE Business Online<\/p>\n","protected":false},"author":13,"featured_media":12626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,6,56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12625"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=12625"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12625\/revisions"}],"predecessor-version":[{"id":12627,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12625\/revisions\/12627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12626"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}