Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.
To expand its presence in the Northeast, Strategic Storage Trust Inc. purchased the U-Store-It self-storage property at 69 Mallory Ave. in Jersey City, N.J.
August 28, 2009
1 Min Read
To expand its presence in the Northeast, Strategic Storage Trust Inc. purchased the U-Store-It self-storage property at 69 Mallory Ave. in Jersey City, N.J. The facility was acquired for $11.63 million in an all-cash transaction. Constructed in 1985, the property contains approximately 1,090 units and 91,500 rentable square feet on 2.2 acres.
Strategic Storage Trust is a publicly registered non-traded REIT. Since the company’s launch in 2008, its portfolio has expanded to include 11 self-storage facilities in six states.
Related Articles:
Strategic Storage Trust Celebrates One-Year Anniversary
Kentucky Facilities Added toStrategic Storage Trust Portfolio
You May Also Like
Self-Storage TV
Apr 17 - May 17, 2024
Apr 17 - May 17, 2024
NEW PODCAST! In this latest episode of “Sounds of Storage,” we talk with StoragePug's Tommy Nguyen about grassroots marketing, including what it entails for self-storage operators, why it’s making a “comeback,” and how to do it effectively.
LISTEN NOW