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November 10, 2017  

Goldman Funds Self-Storage Portfolio

Goldman Sachs has written a $52 million fixed-rate mortgage on eight self-storage properties in Pennsylvania and Virginia.The 555,000-square-foot portfolio is owned by Space Mart Development of State College, Pa. JLL brokered the 10-year loan, which closed late last month. Goldman will securitize the mortgage.The properties encompass 4,711 units. Four are in the Philadelphia area, two are in central Pennsylvania and the other two are in Richmond,...

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