$17,250,000 | Cubes Self Storage

6743 South 1300 East Cottonwood Heights, UT | 1053 East 3300 South Millcreek, UT

Two-property portfolio built in 2009-2010, featuring 148,071 combined net rentable square feet in 1,342 climate and non-climate-controlled storage units. These Class-A facilities benefit from frontage on major arterials and have excellent visibility and accessibility in comparison to competitive properties.

Loan Type

Perm Loan

Capital Provider

Life Insurance Company

Client Benefits:

• Locked into an attractive interest rate at loan application
• Enhanced cash yield via full term IO structure
• Met the requested 5-year loan term and maintained pre-payment flexibility
• Non-recourse