Archive for April, 2015

Sovran buys CubeSmart-managed facility in Florida

Sovran Self Storage, a publicly traded self-storage REIT, recently bought two facilities in Florida. Sovran picked up a CubeSmart-managed facility at 14130 Beach Blvd. in Jacksonville, FL, for $6.5 million. TheJacksonville Business Journal identified the seller as Beach Boulevard Investment LLC, an entity registered to Dr. Jesus Pulido and Dr. Michael Koren. Pulido and Koren bought […]

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Storage proposed for office site in suburban Chicago

The owner of a vacant office building in Northbrook, IL, has teamed up with a Florida private equity firm to convert the structure into a self-storage facility. Four years ago, Schaumburg, IL-based Crossroads Development Partners purchased the 66,000-square-foot office building at 4201 Lake Cook Road in Northbrook, IL, at a foreclosure sale for about $3 […]

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Just Closed- 57,908 SF Facility in Fort Myers, FL

SkyView Advisors (SVA) is pleased to announce the sale of San Carlos Self Storage a 57,908 net rentable square foot self storage facility in Fort Myers, Florida. Jay J. Crotty, Managing Partner, and Thomas A. Doyle, Senior Vice President at SkyView Advisors, represented the seller, VJP Holdings LLLP, and the buyer, Sovran Acquisition Limited Partnership, […]

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