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3216 Winnetka Ave N, New Hope, MN

$ 4,374,848
3216 Winnetka,
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Sold

Sold – $4,374,848. Hayden Hulsey, CCIM represented the Buyer in this $11,700,000 Self-Storage conversion project totaling 96,726 square foot at 3216 Winnetka Ave N, New Hope, MN. The Developers/Buyers, Cascade Storage Partners, LLC in partnership with Pamlico Investments, Inc., are Self-Storage Developers and investors out of North Carolina & Colorado. Jernigan Capital, Inc. (New York Stock Exchange listed Real Estate Investment Trust – NYSE: JCAP) and ValFund are the debt and equity partners behind the project. Construction will be begin in Spring of 2018. More projects in the works with details to come!

https://finance.yahoo.com/news/jernigan-capital-inc-closes-11-225000553.html

https://www.bizjournals.com/memphis/news/2018/02/13/memphis-company-closes-on-12m-minnesota-investment.html

http://investors.jernigancapital.com/press-release/jernigan-capital-inc-closes-117-million-investment-minneapolis

http://www.insideselfstorage.com/development/cascade-storage-partners-jernigan-capital-develop-self-storage-st-paul-mn

https://www.businesswire.com/news/home/20180208006522/en/Jernigan-Capital-Closes-11.7-Million-Investment-Minneapolis

Address: 3216 Winnetka
City:
Zip: 55427
Country: United States
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Property Id : 8570
Price: $ 4,374,848
Property Size: 96 726,00 ft2

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