Life Storage
Life Storage NYC portfolio
$98.9 million -industrial 99%; Queens 50%, Brooklyn 49%*
1513th largest portfolio by dollar value
286,512 sqft – industrial 100%; Brooklyn 53%, Queens 46%
1228th largest by SF
4 properties – Brooklyn 75%, Queens 25%
2236th largest
Top Ten Associated Companies:
Extra Space Storage Inc. (3), Northwestern Mutual Life Insurance (1), Equator Capital Management (1)
Recent activity as company:
• Life Storage sold 134-31 Merrick Boulevard for $38.2 million to Extra Space Storage Inc. on July 20, 2023.
• Life Storage sold 980 Bronx River Avenue for $15.8 million to Extra Space Storage Inc. on July 20, 2023.
• Life Storage sold 52-19 29 Street for $56.2 million to Extra Space Storage Inc. and Equator Capital Management on July 20, 2023.
• Clutter sold 747 East 56 Street for $24.8 million to Life Storage on April 14, 2023.
• Clutter sold 30-36 Northern Boulevard for $27.2 million to Life Storage on April 14, 2023.
• Safe N Lock Self Storage sold 980 Bronx River Avenue for $18 million to Life Storage on August 10, 2022.
• Life Storage borrowed $14.4 million from Northwestern Mutual Life Insurance for 258 Newport Street on June 24, 2021.
• Kayne Anderson Capital Advisors sold 258 Newport Street for $16.6 million to Life Storage on June 24, 2021.
• Safe N Lock Self Storage sold 134-31 Merrick Boulevard for $36.4 million to Life Storage on March 04, 2021.
Latest Stories:
• Extra Space Storage acquires $56.2M stake in LIC storage from Life Storage (November 30, 2023)
• Clutter sells LIC storage building for $27.2M, Life Storage new operator (April 20, 2023)
• Clutter signs $37.8M refi loan with FS Investments for storage in Astoria (September 22, 2021)
• Clutter signs $23.8M loan with FS Investments for storage n East Flatbush (September 21, 2021)
• Life Storage pays $16.6M to Kayne Capital for industrial in Brownsville (July 09, 2021)
• Life Storage pays $36.4M to Safe N Lock for property in Springfield Gardens (March 15, 2021)
Properties: