CubeSmart Jacksonville Self Storage Sale

Deal value: $14.5M

Sale of a three-story, 80,805 sq ft, 837-unit self-storage facility in Jacksonville, Florida, managed by CubeSmart.

The investment is driven by strong demand for institutional-grade self-storage assets in high-growth markets like Jacksonville, where population growth and urbanization are fueling storage needs. The property's lease-up trajectory and climate-controlled units position it for above-market rent growth and occupancy gains. Investors are capitalizing on the sector's resilience and the appeal of managed, branded facilities with proven operational upside.