4501 West 135th Street, Crestwood, Illinois, To Be Acquired By Vertical Fields Capital LLC
Plans for self-storage facility to be managed and re-branded by CubeSmart
WASHINGTON, D.C. – Vertical Fields Capital LLC and Macritchie Storage LLC announced today that they will acquire, through an affiliate, 4501 West 135th Street in Crestwood, Illinois. The property is an existing self storage facility which will be managed and re-branded by CubeSmart.
“CubeSmart is a national, leading self storage brand with a stellar reputation for management expertise in best practices and we are excited to extend our footprint to the Crestwood, Illinois-area with them,” said Frederick McCarthy, Founder and Managing Member at Vertical Fields Capital.
About Vertical Fields Capital LLC
Vertical Fields Capital LLC, a Washington, D.C.-based real estate development and investment firm, is focused on acquiring, repositioning and operating self-storage facilities in dense and growing in-fill locations in the top MSAs of the United States.
About CubeSmart
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 565 self-storage facilities across the United States. According to the 2014 Self Storage Almanac, CubeSmart is one of the top four owners and operators of self-storage facilities in the U.S.
The Company plans to exceed customer expectations by adding more personalized services and technology to some of the best storage spaces around. The Company’s self-storage facilities are designed to offer affordable, easily accessible, secure, and, in most locations, climate-controlled storage space for residential and commercial customers. CubeSmart® services include storage customization, logistics services, comprehensive moving services, organizational services and office amenities.
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