Lakeland Self Storage Certificate of Occupancy Sale

Deal value: $9.5M

Acquisition of newly built Lakeland Self Storage, a 59,500 sq ft facility with 552 units in Lakeland, Florida, sold at Certificate of Occupancy.

The core investment motivation is to acquire a newly constructed self-storage facility at Certificate of Occupancy, enabling the investor to capture early-stage value in a growing Sunbelt market. The strategic purpose is to capitalize on strong demographic trends, migration to Florida, and increased demand for storage driven by residential mobility and small business needs. The timing reflects a belief in the resilience and counter-cyclical nature of self-storage, especially as other real estate sectors face volatility.