BELLINGS

Starwood team lends $672M for outdoor U.S. storage lots

Investors have been drawn to outdoor storage properties, which are an increasingly important link in the global supply chain as e-commerce grows and customers expect quicker deliveries.

Investors have been drawn to outdoor storage properties, which are an increasingly important link in the global supply chain as e-commerce grows and customers expect quicker deliveries.

BELLINGS Intelligence Score: 12

Why it matters

This $672M loan for outdoor U.S. storage lots is a sizable real estate financing but represents routine commercial lending activity without novel structure or broad market impact.

Sources