Storage Choice refinanced three of its self-storage facilities, totaling 1,670 units, for $9.2 million. The fixed-rate securitized loan is with JPMorgan Chase Bank.

July 15, 2010

1 Min Read
Storage Choice Obtains $9.2M Refinancing for Three Texas Self-Storage Facilities

Storage Choice refinanced three of its self-storage facilities, totaling 1,670 units, for $9.2 million. The fixed-rate securitized loan is with JPMorgan Chase Bank.

The three properties are Storage Choice West Airport in Houston with 647 units; Storage Choice Mira Vista in Fort Worth with 547 units; and Storage Choice Dickinson in Dickinson with 476 units. 
Colby Mueck, associate director of the Houston office of HFF (Holliday Fenoglio Fowler L.P.) arranged the refinancing.

Storage Choice is a Texas-based operator of self-storage facilities with a portfolio consisting of more than 5,500 units.

HFF has 17 offices nationwide, providing commercial real estate and capital markets services to the U.S. commercial real estate industry.  

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