10 Federal Self Storage Acquisition Company 3, LLC raises $7.4 million in 18 days. Acquires…
10 Federal Self Storage Acquisition Company 1, LLC sells remaining 8 properties, represents total liquidation of storage assets. 10 Federal Self Storage Acquisition Company 2, LLC sells 4 Georgia properties. 10 Federal Self Storage Acquisition Company 3, LLC expands and receives commitments for $45 million in equity, sells 1 property.
RALEIGH, N.C., Feb. 22, 2022 /PRNewswire/ -- 10 Federal is pleased to announce that on Thursday, February 17th, 2022- 10 Federal Self Storage Acquisition Company 1, LLC ("10FSSAC1") successfully sold the remaining 8 properties in its portfolio to Frigatebird Investments led by industry veteran, Kurt O'Brien, representing a total liquidation of all remaining self-storage assets owned by that venture. On the same day, 10 Federal Self Storage Acquisition Company 2, LLC ("10FSSAC2") also sold 4 Georgia locations to Frigatebird and 1 South Carolina property from the 10 Federal Self Storage Acquisition Company 3, LLC ("10FSSAC3") portfolio.
Read the full article here: https://seekingalpha.com/pr/18679832-10-federal-self-storage-acquisition-company-1-llc-sells-remaining-8-properties-represents