JLL Capital Markets Manages Debt for Storage Post’s Plainview Acquisition
JLL Capital Markets arranged debt financing for Storage Post Self Storage’s acquisition of a new facility at 150 Fairchild Avenue in Plainview, NY, marking the brand’s seventh Long Island location. It follows JLL’s December $47 million mortgage for Storage Post East Village and financing support for Newark and Nyack sites.
1. Deal Structure and Parties
JLL Capital Markets, led by Senior Managing Director Steven Klein and Senior Director Robert Tonnessen, structured and managed the debt financing for Storage Post’s purchase of the Plainview, NY facility at 150 Fairchild Avenue, previously operated by CubeSmart.
2. Facility Details and Sustainability
The Plainview site represents Storage Post’s seventh Long Island location and features a modern geothermal system powering heating, air conditioning and dehumidification to enhance energy efficiency and support sustainability goals.
3. Previous Financing Activities
In December 2025, JLL arranged a $47 million mortgage for Storage Post East Village and has since provided debt structuring for additional Storage Post properties in Newark and Nyack, underscoring its role in self-storage capital markets.