Annapolis Self Storage

Annapolis, MD

Industrial - Ground-Up Construction

Annapolis Self Storage

INDUSTRIAL - GROUND-UP CONSTRUCTION

ACRES Capital Corp. has originated a $24.9 million loan to fund the construction and stabilization of Annapolis Self Storage in Annapolis, Maryland.

The facility is well-located on Old Mill Bottom Road, which serves as frontage to U.S. Highway 50 – a high-volume retail thoroughfare providing easy access to Class “A” self-storage spaces that will attract both residential and commercial users.

Annapolis Self Storage will feature:

71,360 net-rentable square foot facility
751 climate-controlled storage units

$24.9 Million

Loan Amount

Construction Loan

Loan Product

“Annapolis has some of the most attractive renter demographics of any submarket in the Baltimore metro area. The Severn River makes this some of the most sought-after real estate around, and it’s easy to see why both employers and households want to be there. This project will provide the market a convenient, newly constructed self-storage facility that will compete at the top of its peer set.”

- Mark Fogel

ACRES Chief Executive Officer and President

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ACRES Capital, LLC (“ACRES”) is an SEC-registered investment adviser with an office in Uniondale, New York. ACRES and its representatives are in compliance with the current registration and notice filing requirements imposed upon SEC-registered investment advisers by those states in which ACRES maintains clients. SEC registration is not an endorsement of the firm by the Commission and does not mean that the adviser has attained a specific level of skill or ability.