Life Storage
Life Storage portfolio
$36.1 million* – industrial 100%; Brooklyn 52%, Queens 47%
1188th largest portfolio by dollar value
286,512 sqft – industrial 100%;
929th largest by SF
4 properties – Brooklyn 75%, Queens 25%
1815th largest
Company Activity past 24 months:
Buyer company: 2 for $52 million
Seller company: 3 for $110.2 million
Top Ten Associated Companies:
Extra Space Storage Inc. (3), Safe N Lock Self Storage (2), Clutter (2), Equator Capital Management (1), Kayne Anderson Capital Advisors (1), Northwestern Mutual Life Insurance (1)
Top Ten Associated People:
Aryeh Goldman (2), Rahul Gandhi (2), S. David Selznick (1)
Recent activity as company:
• Life Storage sold 134-31 Montauk Street, St. Albans, Queens for $38.2 million to Extra Space Storage Inc. on December 01, 2023.
• Life Storage sold 1430 Bruckner Boulevard, Soundview, Bronx for $15.8 million to Extra Space Storage Inc. on November 30, 2023.
• Life Storage sold 29-01 Review Avenue, Long Island City, Queens for $56.2 million to Extra Space Storage Inc. and Equator Capital Management on November 29, 2023.
• Clutter sold 5601 Foster Avenue and 5633 Foster Avenue, East Flatbush, Brooklyn for $24.8 million to Life Storage on April 20, 2023.
• Clutter sold 30-46 Northern Boulevard, Long Island City, Queens for $27.2 million to Life Storage on April 19, 2023.
• Safe N Lock Self Storage sold 1430 Bruckner Blvd, Soundview, Bronx for $18 million to Life Storage on September 01, 2022.
• Kayne Anderson Capital Advisors sold 252 Newport Street, Brownsville, Brooklyn for $16.6 million to Life Storage on July 08, 2021.
• Life Storage borrowed $14.4 million from Northwestern Mutual Life Insurance for 252 Newport Street, Brownsville, Brooklyn on July 08, 2021.
• Safe N Lock Self Storage sold 134-31 Montauk Street, Springfield Gardens, Queens for $36.4 million to Life Storage on March 12, 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: