Vertical Fields Capital Llc Purchases 4325 Frontage Road, Oak Forest, Illinois

Plans underway to convert vacant space to a self storage facility to be managed by and branded CubeSmart

WASHINGTON, D.C. – Vertical Fields Capital LLC and Macritchie Storage LLC, through an affiliate, recently acquired 4325 Frontage Road in Oak Forest, Illinois, to convert the vacant manufacturing space into a self storage facility.

“This acquisition allows us to reposition and improve an underutilized building, add self storage capacity to meet the increasing demand in Oak Forest, Illinois, and create additional jobs for its residents,” said Frederick McCarthy, Founder and Managing Member at Vertical Fields Capital. “Additionally, we are excited that this will be our second facility managed by and branded CubeSmart in the greater Chicago market.”

Initial plans include converting the approximate 76,460 gross square foot space into more than 62,000 net rentable square feet of self storage. Early projections indicate there is ample demand for self storage units, particularly climate-controlled, in the Oak Forest market.

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.