JLL Capital Markets recently announced it has closed on a $115 million refinancing package for a portfolio of nine Tri-State self-storage facilities owned and operated by Storage Post.
Nuveen Real Estate provided the first mortgage financing for the institutional-quality, Class A assets, which were acquired in 2022 by Storage Post, an industry leading self-storage owner and manager.
Ownership has grown the original 633,364-square-foot portfolio, located in prime regions of New York and New Jersey, to 723,664 rentable square feet across 9,578 units as a supply imbalance within the submarkets has driven strong...
We don’t mean to be a downer this holiday season, but the recent announcement that Losurdo’s Italian Deli & Bread Bakery, a beloved family-owned business in Hoboken since 1975, will be closing on Dec. 8, proves a point business leaders have been making for years: You have to support small business if you want Main Street stores to survive.
We know there are plenty of stores in your town. In anticipation of Small Business Saturday – and in recognition of Losurdo’s, we offer a few places to shop in Hoboken.
· Leo’s...