Prime Storage Group, one of the country’s largest privately held owners and operators of self-storage facilities, is refinancing debt through a CMBS loan package totaling $278 million. This transaction is backed by two fixed-rate loans collateralized by 49 facilities in 17 states that are owned and operated by Saratoga Springs, NY-based Prime Storage Group, according…

Steve Mellon of the JLL Capital Markets office in Houston and Brian Somoza of the Los Angeles office, represented Austin, TX-based LockTite Storage in the sale of a nine-facility portfolio in Texas to Greenwood Village, CO-based National Storage Affiliates Trust. The purchase price wasn’t disclosed. The facilities are in the Houston metro area (Conroe, Deer…

New York City, NY-based alternative investment firm Angelo Gordon & Co. LLP recently raised more than $2.75 billion for a new real estate fund. And it’s almost a certainty that some of that money will flow into the self-storage sector. Primarily through off-market transactions, Angelo Gordon invests in various segments of commercial real estate, including…

Nick Walker and Trevor Roberts of CBRE’s office in downtown Los Angeles, CA, represented seller Aim All Storage in the sale of a three-facility portfolio in Southern California. The buyer was Los Angeles-based Barker Pacific Group Inc. The purchase price wasn’t disclosed. In total, the portfolio features 253 units across 334,966 square feet, plus 136,402 square feet…