Description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire the Five Property Midwest Portfolio (the “Portfolio” or “Offering”), a collection of five best-in-class self storage assets located in the Cleveland, Springfield, and Fort Wayne MSAs. Totaling 498,586 rentable square feet, the Offering provides an investor with immediate scale through a portfolio with excellent day-1 cash flow, newly built Class A assets, and strategic geographic diversity within strong Midwest markets. Each property within the Portfolio is located within an affluent and densely populated trade area with strong visibility and easy access. Currently 93.5% occupied, the Portfolio benefits from strong in-place cash flow with revenue upside remaining through rent roll seasoning and ECRI strategies.

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