Jernigan Capital committed to a $5.13 million investment for an additional 256 units to be added to an existing CubeSmart-managed facility in Ocoee that opened in May 2016. The facility is currently 65 percent leased. Storage Builders II LLC is the developer of the existing facility and the additional units, which will also be managed by CubeSmart upon completion.
About Jernigan Capital
Jernigan Capital is a boutique self storage REIT that invests primarily in new self storage developments. Understanding the needs of storage entrepreneurs is what Jernigan Capital does best. Our 90% developmnt financing in 100% one-of-a-kind.