{"id":12858,"date":"2026-10-21T13:00:53","date_gmt":"2026-10-21T13:00:53","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12858"},"modified":"2026-10-28T13:05:19","modified_gmt":"2026-10-28T13:05:19","slug":"primespace-capital-secures-20-3m-refinancing-for-philadelphia-storage-facility","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/primespace-capital-secures-20-3m-refinancing-for-philadelphia-storage-facility\/","title":{"rendered":"PrimeSpace Capital Secures $20.3M Refinancing for Philadelphia Storage Facility"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<p align=\"left\"><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-12859 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/10\/prime.png\" alt=\"\" width=\"200\" height=\"150\" \/>PrimeSpace Capital has closed $20.3 million in construction take-out financing for Pier 40 CubeSmart at 841 S. Columbus Blvd. in Philadelphia. Grant Street Funding provided the floating-rate loan; JLL Capital Markets arranged the transaction. The two-story property, adapted from a 1914 port authority building, contains 1,486 climate-controlled units under CubeSmart management.<\/span><\/span><\/span><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Philadelphia ranked among the top 10 U.S. self-storage transaction markets in the first half of 2026, with roughly $100 million in volume recorded through early September.<\/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:\/\/www.multihousingnews.com\/primespace-secures-20m-for-philadelphia-self-storage\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<br \/>\n<\/a><\/p>\n<p align=\"left\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><strong>Source<\/strong><\/span>: MHN \u2013 Multi-Housing News<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PrimeSpace Capital has closed $20.3 million in construction take-out financing for Pier 40 CubeSmart at 841 S. Columbus Blvd. in Philadelphia. Grant Street Funding provided the floating-rate loan; JLL Capital Markets arranged the transaction. The two-story property, adapted from a 1914 port authority building, contains 1,486 climate-controlled units under CubeSmart management. Philadelphia ranked among the top 10 U.S. self-storage transaction markets in the first half of 2026, with roughly $100 million in volume recorded through early September. Read the Full Article Source: MHN \u2013 Multi-Housing News<\/p>\n","protected":false},"author":13,"featured_media":12859,"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\/12858"}],"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=12858"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12858\/revisions"}],"predecessor-version":[{"id":12860,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12858\/revisions\/12860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12859"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}