StorageMart

StorageMart portfolio

$422.1 million* – industrial 92%, condo 3%; Manhattan 95%, Brooklyn 4%

158th largest portfolio by dollar value

3,269,858 sqft – industrial 92%, condo 5%;

94th largest by SF

25 properties – Manhattan 88%, Brooklyn 8%

382th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Borrower company: 3 for $63.7 million

Top Ten Associated Companies:

Edison Properties (19), Barclays (3), Citibank (3)

Top Ten Associated People:

Jon Dario (19), Alicia L. Mioli (3)

Recent activity as company:

StorageMart borrowed $13.5 million from Citibank for 367 38th Street, Sunset Park, Brooklyn on June 20, 2023.

StorageMart borrowed $39.3 million from Citibank for 44 Wallabout Street, Williamsburg, Brooklyn on June 15, 2023.

StorageMart borrowed $10.9 million from Citibank for 184-02 Jamaica Avenue, Hollis, Queens on June 15, 2023.

StorageMart borrowed $298.4 million from Barclays for 302 11th Avenue, 2351 12th Avenue, and 2341 12th Avenue, Chelsea, Manhattan on January 06, 2022.

StorageMart borrowed $150.3 million from Barclays for 111 10th Avenue, Chelsea, Manhattan on January 06, 2022.

StorageMart borrowed $1.7 billion from Barclays for 400 East 111th Street, 220 South Street, 5030 Broadway, 28 2nd Avenue, 633 West 44th Street, and others, East Harlem, Manhattan on January 06, 2022.

Edison Properties sold 161 Varick Street, Hudson Square, Manhattan for $200.5 million to StorageMart on December 29, 2021.

Edison Properties sold 1124 1st Avenue, Upper East Side, Manhattan for $34.1 million to StorageMart on December 29, 2021.

Edison Properties sold 290 Dyckman Street, Washington Heights, Manhattan for $20.6 million to StorageMart on December 29, 2021.

Edison Properties sold 400 East 111th St and N/A East 110th Street, East Harlem, Manhattan for $267.4 million to StorageMart on December 29, 2021.

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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