Joint Venture Opens New Life Storage Facility in Long Island City, NY
Investing and Real EstateJoint Venture Opens New Life Storage Facility in Long Island City, NYJoint Venture Opens New Life Storage Facility in Long Island City, NY
A joint venture between self-storage real estate investment trust (REIT) Life Storage LP and Review Avenue Storage LLC, an affiliate of investment-management firm Equator Capital Management, has opened a self-storage facility in Long Island City, N.Y. Owned under Review Avenue Partners LLC, the property will be managed by Life Storage and rebranded under its name, according to a press release from The BSC Group LLC, the commercial real estate mortgage brokerage that arranged financing for the project.
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