Storage Post Self Storage Adds Plainview Facility to Long Island Portfolio
MWN-AI** Summary
Storage Post Self Storage has expanded its presence in Long Island by acquiring a new facility located at 150 Fairchild Avenue, Plainview, previously operated by CubeSmart. This acquisition marks Storage Post's seventh location on the island, reflecting the company's ongoing commitment to catering to the high-demand suburban markets within the New York metropolitan area.
The Plainview facility boasts a modern geothermal energy system, enhancing its operational efficiency while also prioritizing sustainability through effective heating, air conditioning, and dehumidification processes. Jack Giannola, the Director of Acquisitions at Storage Post, emphasized the significance of this acquisition as part of their strategic growth plan on Long Island, noting that Plainview is a robust market with substantial demand for quality storage solutions.
Supporting this acquisition, the management of debt was handled by JLL Capital Markets, with Senior Managing Director Steven Klein and Senior Director Robert Tonnessen playing pivotal roles. In December 2025, JLL Capital published details of a $47 million first mortgage loan for Storage Post’s East Village facility, showcasing their involvement in the financing of the Plainview site and other facilities in Newark and Nyack.
Giannola expressed gratitude to the previous owners for their meticulous care of the property, illustrating the company's commitment to continuing the legacy established by prior management. He highlighted the advantages of the Plainview market, characterized by low supply and high demand, as key factors driving Storage Post's expansion policies.
In alignment with its growth strategy, Storage Post continues to focus on enhancing the customer experience, operational excellence, and providing quality self-storage solutions. For further details about their services and locations, visit their official website at www.storagepost.com.
MWN-AI** Analysis
The recent acquisition of a self-storage facility in Plainview, NY, by Storage Post Self Storage presents a compelling opportunity for investors and stakeholders in the real estate sector, particularly within the self-storage market. This strategic move not only extends Storage Post's already significant footprint on Long Island—its seventh location in the region—but also capitalizes on a high-demand suburban market characterized by low supply and strong population density.
From an investment perspective, the self-storage sector is demonstrating resilience and growth potential, particularly in urban and suburban areas where space is at a premium. The Plainview facility's features—including a modern geothermal energy system—underscore a trend toward operational efficiency and sustainability that appeals to environmentally conscious consumers and investors alike. As the self-storage landscape becomes increasingly competitive, facilities that offer enhanced customer experiences and lower operational costs are likely to gain market share, making Storage Post a solid candidate for growth.
Furthermore, the financial backing and management expertise from JLL Capital Markets, especially the $47 million first mortgage loan, enhances Storage Post's capacity to scale operations while maintaining a sound financial footing. These facets indicate a robust growth strategy, particularly in regions like Long Island, which can support ongoing demand for quality storage solutions.
For investors, the combination of Storage Post’s expansion strategy and its commitment to sustainability presents an attractive opportunity. The potential for healthy returns, given the low supply and increasing demand within the self-storage sector, warrants attention. Overall, current and prospective investors should closely monitor Storage Post and consider taking advantage of this growth-phase company, especially as it continues to enhance its offerings and operational capabilities.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
NEW YORK, Feb. 24, 2026 /PRNewswire/ -- Storage Post Self Storage, a leading self-storage company, today announced the acquisition of a new self-storage facility in Plainview, New York, further extending its footprint across Long Island. The property is located at 150 Fairchild Avenue, Plainview, NY, and was formerly operated as a CubeSmart facility.
This acquisition signifies Storage Post's seventh location on Long Island, underscoring the brand's continued commitment to serving high-demand suburban markets throughout the New York metro area. The Plainview facility features a modern geothermal energy system that powers heating, air conditioning and dehumidification across the property, supporting both operational efficiency and sustainability.
"This acquisition represents another important milestone in our Long Island growth strategy," said Jack Giannola, Director of Acquisitions at Storage Post. "Plainview is a strong, established market with strong demand for high-quality storage, and this facility aligns perfectly with our long-term vision for the region. A special thank you to Robert Bloch from Marcus and Millichamp for the support."
The property was acquired in large part due to the management of debt by Senior Managing Director Steven Klein and Senior Director Robert Tonnessen with JLL Capital. JLL Capital Markets announced in December 2025 a $47 million first mortgage loan for Storage Post East Village. In addition to managing the debt for this new Plainview facility, JLL also provided the debt of Storage Post facilities in Newark and Nyack.
Giannola added, "We're grateful to the sellers for the care and attention they brought to this property, and we look forward to building on the strong foundation they established. This Plainview and Long Island is a great submarket characterized by low supply, strong density and high traffic. Our team is focused on ensuring a seamless transition while enhancing the customer experience through Storage Post's operational platform and service standards."
For more information about Storage Post and its locations, visit https://www.storagepost.com/.
About Storage Post Self Storage
Storage Post is a leading self-storage company transforming the storage industry. The company focuses on quality products, operational excellence, positive customer service and increased returns for investors. Storage Post has locations along the East Coast and throughout the South and Midwest and is rapidly expanding through self-storage acquisitions and development. For more information on Storage Post, visit www.storagepost.com.
About JLL?
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
Contacts
Media Contact:
Steve Gruver
404-201-6611
sgruver@storagepost.com
Acquisitions Contact:
Jack Giannola
Director of Acquisitions
201-679-6790
Jgiannola@storagepost.com
SOURCE Storage Post
FAQ**
How does Storage Post's acquisition of the Plainview facility impact its overall strategy for expanding its footprint on Long Island, particularly in light of the support from Jones Lang LaSalle Incorporated JLL?
What role did Jones Lang LaSalle Incorporated JLL play in managing the debt for the Plainview facility acquisition, and how does this reflect their relationship with Storage Post?
Considering the sustainable features of the Plainview facility, how does Storage Post plan to leverage its geothermal energy system in its operational strategy, potentially in collaboration with Jones Lang LaSalle Incorporated JLL?
With the Plainview location being the seventh acquisition on Long Island, what specific demographic or market trends has Storage Post identified, potentially with insights from Jones Lang LaSalle Incorporated JLL, to justify this investment?
**MWN-AI FAQ is based on asking OpenAI questions about Jones Lang LaSalle Incorporated (NYSE: JLL).
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