 (1).png)
News:
Owners Developers & Managers
Posted: July 8, 2016
SVN sells four-property self storage portfolio
Boston, MA Connie Neville, SVN |C.M. Neville & Associates, Inc., Nick Malagisi, SVN |Commercial Realty, Hans Hardisty, SVN |Deegan-Collins Commercial Realty and Patrick Lemp, Valbridge Property Advisors|Italia & Lemp Inc. joined forces to sell a self-storage portfolio of four properties located in New York and Connecticut.
The portfolio consisted of 228,037 s/f in 2,485 units. The properties were offered unpriced and were widely marketed to self-storage REITs, pubic companies, funds and individual self-storage investors.
The four brokers worked cooperatively to list and close this major transaction which included the assumption of one CMBS loan in less than five months.
Nick Malagisi, product council chair for the SVN National Self-Storage Team said, “this portfolio attracted national attention because of its size, the strategic locations, the consistently high occupancies and revenue overall and the pride of ownership evident at each facility.”
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
 (1).png)
Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.