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CubeSmart Self-Storage Coming to Tewksbury

May 27, 2014 08:52AM, Published by Bill Gilman, Categories: Business, Today


CubeSmart Self-Storage has purchased a facility at 545 Clark Road, Tewksbury.



Tewksbury's newest corporate citizen is CubeSmart, a a self-storage real estate investment trust.
CubeSmart officials announced last week that the company has purchased 495 Storage at 545 Clark Road. The purchase price for the three-story facility, located near Stadium Plaza, was $11.1 million.
According to a press release issued by the company, the Tewksbury location is CubeSmart's fifth facility in the Greater Boston area. The company also owns facilities in Southern New Hampshire.
In all, CubeSmart owns or manages 538 self-storage facilities across the United States.
The deal was brokered by Joseph Mendola, an Argus broker affiliate and senior vice president of NAI Norwood Group in Bedford.




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