 |
| Rendering of planned Hillside CubeSmart self storage facility, 501 North Union Avenue, Hillside, NJ |
 |
| Geoff Goldstein |
The HFF team worked on behalf of the developer,
Quinlan Development Group, to place the construction loan with Bank
OZK.
CubeSmart, one of the nation’s top operators of self storage facilities in the U.S., has been brought on to lease and manage the property.
CubeSmart, one of the nation’s top operators of self storage facilities in the U.S., has been brought on to lease and manage the property.
Hillside CubeSmart will feature 1,162
climate-controlled and 41 non-climate-controlled drive-up units. The
property is located at 591 North Union Avenue immediately off of the
Garden State Parkway, which exposes the property to more than 282,000 vehicles
per day.
 |
| Michael Klein |
The HFF debt placement team representing the
borrower consisted of senior director Geoff Goldstein, managing director
Michael Klein and senior managing director Jay Marshall.
HFF and Holliday GP Corp. are licensed New
Jersey real estate brokers.
Quinlan Development Group is a privately-held
real estate investment and development company based in New York City, with a
commitment to long-term ownership.
Founded in 1971, the
multi-generational family company has earned a reputation as one of New York
City’s most well-respected developers. Quinlan Development Group has a
track record of success during all market cycles and across multiple asset
types.
 |
| Jay Marshall |
CONTACTS:
GEOFF GOLDSTEIN
HFF Senior Director
(212) 245-2425
MICHAEL
KLEIN
NJ
Lic. #0897008
HFF
Managing Director
(973)
549-2000
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420
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