Hallandale Beach, FL Self Storage Facility Changes Hands

Posted: 10/26/2017 Link:
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A US Storage Centers facility in Hallandale Beach, Fla., was sold for $13.54 million to CLC HBFL I LLC, which is managed by New York-based investment bank CSG Partners. Built in 1978, the 8.4-acre property at 450 Ansin Blvd. comprises 136,591 square feet of storage space. Ladder Capital Finance provided a $13.54 million loan to the buyer, according to a source. The seller was Westport Hallandale, an affiliate of Irvine, Calif.-based Westport Properties Inc., which operates the US Storage Centers brand.

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