NEW YORK CITY-Steve Hryszko, a VP of investment properties forCB Richard Ellis' National Self Storage Properties Group, and GerryTrainor, managing director for the Institutional Commercial Groupat Transwestern, are marketing a self-storage portfolio for $208.6million. The 11 properties, known as Storage Post are owned by agroup of investors called ASP North, GlobeSt.com has learned, andare located in New York and New Jersey.
The locations for the properties include: 4077 Park Ave. in theBronx, NY; 640 Rockaway Turnpike in Lawrence, NY; 301 Fordham Rd.in the Bronx; 30-28 Starr Ave. in Long Island City, NY; 112Bruckner Blvd. in the Bronx; 131 Sawmill River Rd. in Yonkers; 363Huguenot St. in New Rochelle, NY; 48 Metropolitan Ave. in Queens,NY; 191 Broadway in Jersey City; 401 S. Park Ave. in Linden, NJ;and 2 Dunnigan Drive in Suffern, NJ.
Trainor tells GlobeSt.com that 112 Bruckner Blvd. in the Bronx,131 Sawmill River Rd. in Yonkers, 363 Huguenot St. in New Rochelleand 30-28 Starr Ave. in Long Island City were purchased in Aug.2006 as a value-add deal. “The properties were severely undermanaged and are in the process of being turned around throughcapital improvements and a disciplined leasing program.”
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