May 22, 2005

1 Min Read
Flint Creek Seeks JV Partner for Private Mini Storage

 

Private Mini Storage Ventures LLC retained Flint Creek Partners LLC to identify an institutional partner for a $50 million programmatic joint venture. With a significant pipeline of investment opportunities already reserved, the proposed partnership will focus on self-storage acquisition, expansion, development and conversion. The equity and company funds will be used to finance more than $183 million in investment activity in growing metropolitan markets in the South and Southeast.

Private Mini Storage owns or has an interest in 80 properties totaling 5.7 million square feet that operate under its brand name. It has been involved in the acquisition, development, construction, management and ownership of more than 130 properties containing more than 9.5 million square feet of self-storage throughout the United States. The company ranks among the top 10 self-storage operators in the country and has an executive management with more than 100 years of combined industry experience.

Chicago-based Flint Creek Partners LLC provides financial advisory and investment banking services to private and public real estate firms. For more information, contact Mark Momongan, vice president, at 847.462.5930; visit www.flintcreekpartners.com.

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