Thursday 28 March 2019

Extra Space, PGIM pick up self-storage properties for $114M

Extra Space Storage and PGIM Real Estate have snapped up two more of LSC Development’s self-storage properties, for a total price tag of about $114.2 million. The most recent buy was for a $43.3 million, four-story facility at 976 Cypress Avenue in Ridgewood, according to property records filed Tuesday. And last month, the self-storage REIT and PGIM, the real estate investment arm of Prudential Financial, dropped roughly $70.9 million for another five-story building at 1320 […]



source https://therealdeal.com/2019/03/28/extra-space-pgim-pick-up-self-storage-properties-for-114m/

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