CubeSmart
Lender
CubeSmart NYC portfolio
$1.1 billion -industrial 80%, condo 14%, mixed-use 5%; Queens 43%, Brooklyn 29%, Bronx 24%*
210th largest portfolio by dollar value
3,707,110 sqft – industrial 91%, condo 5%, mixed-use 3%; Queens 35%, Bronx 32%, Brooklyn 27%
115th largest by SF
44 properties – Brooklyn 34%, Queens 34%, Bronx 28%
203th largest
Top Ten Associated Companies:
CubeSmart (2), 41-06 Delong Street,LLC (1)
Recent activity as company:
• Peter Ciregna sold 1980 White Plains Road for $7.5 million to CubeSmart on February 02, 2022.
• InSite Property Group sold 1 Ellis Street for $33.1 million to CubeSmart on November 30, 2021.
• Storage Deluxe sold 215 2 Street for $77 million to CubeSmart on December 22, 2020.
• CubeSmart borrowed $19.1 million from CubeSmart for 39-25 21 Street on December 22, 2020.
• Storage Deluxe sold 45-41 38 Street for $19.1 million to CubeSmart on December 22, 2020.
• Storage Deluxe sold 31-40 Whitestone Expressway for $90 million to CubeSmart on December 22, 2020.
• CubeSmart borrowed $15.7 million from CubeSmart for 215 2 Street on December 22, 2020.
• Storage Deluxe sold 39-25 21 Street for $45.5 million to CubeSmart on December 22, 2020.
• Storage Deluxe sold 33-24 Woodside Avenue for $48.5 million to CubeSmart on December 22, 2020.
• Storage Deluxe ground leased 5746 Broadway valued at $58 million to CubeSmart on December 21, 2020.
Latest Stories:
• CubeSmart pays $7.5M to Peter Ciregna for industrial in Van Nest (March 16, 2022)
• CubeSmart pays $90M to Storage Deluxe as part of announced $540M transaction (February 02, 2021)
• CubeSmart pays $45.5M to Storage Deluxe for property in LIC, part of $540M sale (January 20, 2021)
• CubeSmart pays $123M to Storage Deluxe, part of announced $540M transaction (January 18, 2021)
• CubeSmart pays $175.5M to Storage Deluxe, assumes debt, as part of $540M deal (January 03, 2021)
• Cubesmart pays $9.5M to ABS Partners for ground-leased warehouse in Mott Haven (August 03, 2020)
Properties: