Major U.S. Metro Regions See Hot Self-Storage Deals: Carlyle Group, Bungalow Projects, and More

The self-storage industry continues to be a lucrative investment in major U.S. metro regions, with private equity firm The Carlyle Group making a significant move this week. The Carlyle Group acquired four facilities in Queens and Brooklyn for a total of $110.4 million, solidifying their position in the asset class.

In a separate deal in Kings County, Bungalow Projects and Bain Capital Real Estate purchased a development site for $34 million, where they plan to build a film production studio. Additionally, a $97.6 million hotel deal was sealed in Fort Lauderdale, Florida, showcasing the continued interest in the hospitality sector.

These transactions highlight the ongoing activity in the real estate market, with industry power players making strategic investments in various asset classes. The sales deals of the week from April 29 to May 3 demonstrate the diverse opportunities available in the commercial real estate sector.

For more information on sales deals and investment opportunities, contact [email protected]. Stay tuned for more updates on the latest developments in the real estate market.