Thursday, September 13, 2012

HFF closes sale of 10-property New Jersey and New York self storage portfolio

  
 HOUSTON, TX – HFF announced today that it has closed the sale of a 10-property self storage portfolio totaling more than one million square feet with assets located throughout New Jersey and New York. 

HFF marketed the properties exclusively on behalf of the seller, The Hampshire Companies.  Extra Space Self Storage purchased the portfolio free and clear of existing debt.

The HFF team representing the seller was led by senior managing directors Aaron Swerdlin (middle right photo)  and Jon Mikula (lower left photo).

 The Hampshire Companies is a full-service, private real estate firm based in Morristown, New Jersey.  The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments.  Additional information on The Hampshire Companies is available online at www.hampshireco.com. 

Extra Space Storage® Inc. (NYSE: EXR) is a real estate investment trust based in Salt Lake City, Utah with regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas.  Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self storage properties.

 Contact:

KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500                                               

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