Leading Self-Storage Company Acquires Three Additional Facilities in Manhattan and Brooklyn

Storage Post Self Storage increases its presence in the Big Apple with the purchase of three Sofia Storage locations. These pre-established properties are strategically located in high-demand areas within Manhattan and Brooklyn and will allow Storage Post to bring its exceptional self-storage services to thousands of new customers.

The newly acquired facilities are located at:

• Storage Post Upper West Side, 475 Amsterdam Avenue, New York, NY
• Storage Post Prospect Heights, 491 Bergen Street, Brooklyn, NY
• Storage Post Washington Heights, 4396 Broadway, New York, NY

“There’s no shortage of demand for self-storage in New York, but premium locations are a lot harder to find. These properties are already well established in their neighborhoods, and Storage Post looks forward to continuing to serve the existing customer base, as well as attracting new customers,” explains Director of Acquisitions, Jack Giannola. “We already have a very strong presence in New York, so we understand what customers will expect and look forward to serving their self-storage needs.”

With decades of industry expertise and a portfolio spanning New York, New Jersey, Illinois and Louisiana, Storage Post is known for its state-of-the-art facilities and customer-first approach. The new properties will be outfitted with Storage Post’s array of premium amenities, including climate-controlled units, covered indoor loading, 24/7 video surveillance and digital security systems.

Storage Post’s acquisitions team worked with several partners to support the transaction, including:

• JLL Investment Sales Advisory Team: Brendan Maddigan, Andrew Scandalios, Ethan Stanton, Hall Oster and Vickram Jambu
• JLL Debt Advisory Team: Steven Klein and Robert Tonnessen
• Tim Podboy, Managing Director, Real Estate Debt, Heitman

“We’re grateful for the strong collaboration from both commercial real estate brokers and debt providers, whose efforts helped ensure a smooth and efficient transaction for all parties involved,” said Giannola.

“The high-profile locations of these three properties cater perfectly to the commercial self-storage market,” said Maddigan. “Storage Post saw tremendous upside in this portfolio thanks to the combination of premier New York City submarkets and the self-storage sector’s significant growth.”

“Storage Post’s impressive track record, combined with their extensive market expertise and operational excellence, created a compelling investment in a sector that continues to demonstrate strong fundamentals,” added Klein.

Storage Post’s acquisitions team anticipates adding several more locations through existing property acquisitions over the next year, both in New York and other U.S. markets.

For more information about Storage Post and its locations, visit https://www.storagepost.com/.

About Storage Post Self Storage

Storage Post is a leading self-storage company that is transforming the storage industry. The company focuses on quality products, operational excellence, positive customer service and increased returns for investors. Storage Post has locations along the East Coast and throughout the South and Midwest and is rapidly expanding through self-storage acquisitions and development. For more information on Storage Post, visit www.storagepost.com.

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYS. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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“We’re grateful for the strong collaboration from both commercial real estate brokers and debt providers, whose efforts helped ensure a smooth and efficient transaction for all parties involved,” said Director of Acquisitions, Jack Giannola