For Immediate Release – Boca Raton, FL March 2, 2023
Amalfi Capital is excited to announce the completion of a new self-storage facility in Staten Island, NY. This investment with Safe N Lock Self-Storage Inc. of Lake Success, NY started construction in early 2021 and was completed and opened on March 2, 2023.
This new 4-story building offers 104,000 square feet of rentable space. Featuring 2100 storage units, 2 elevators, full climate control, and a spacious office area. This facility is located at 2636 Arthur Kill Road, Staten Island, NY 10309 and is being professionally managed by Life Storage, one of the top three operators of self-storage facilities in the United States.
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About Amalfi Capital: Amalfi Capital is a real estate equity firm founded in 2015 that is an investor in over 5 million square feet of property throughout the United States. Amalfi focuses on expanding its portfolio by partnering with highly experienced sponsors who are experts in their respective markets by investing in commercial & industrial assets that we believe are well positioned for above market returns over the long run. www.Amalficapital.biz
About SNL Capital Partners: SNL Capital Partners is a vertically integrated, self-storage development firm focusing on opportunities in dense urban markets such as New York City, having expertise and knowledge of the boroughs that it believes is unparalleled by multi-market competitors. Since 2013, the Sponsor and its affiliates have sourced, acquired, and developed or is developing, and in two cases exited, 25 investment-grade self-storage assets throughout the boroughs of New York City and its surrounding metro area, having partnered with prominent institutional private equity funds, large family offices and self-storage REITs. Since 2017, the Sponsor and its affiliates have delivered 15+ new facilities to the market and is scheduled to deliver another eight by 2024. www.SNLstorage.com