A Plus Self Storage Portfolio
$3,400,000
Haverhill, Lawrence, MA - Fantini & Gorga placed $3.4 million in permanent financing for two self storage properties in Lawrence and Haverhill, Massachusetts. The first property, on South Canal Street in Lawrence, is known as A Plus Self Storage. It consists of two commercial condominiums with 30,608 square feet of rentable area and 375 units in an older, three-story building. The second property, located on Hale Street in downtown Haverhill, is also known as A Plus Self Storage. It consists of an older seven-story brick mill warehouse building with 103,000 square feet of rentable area, much of which has been converted to 320 self storage units. Both properties are well located and accessible to the urban populations that they serve. The lender was a national life insurance company for which Fantini & Gorga acts as correspondent in New England.