Sep
13
Morningstar Launches $90M Storage Fund
ByBlue Doors Storage Fund III will invest in the acquisition and development of self-storage properties across the U.S.
Called Blue Doors Storage Fund III, the new investment vehicle will be used for the acquisition, development and redevelopment of self-storage properties in major and secondary markets across the U.S.
Blue Doors Storage Fund III is the latest in a series of vehicles focused specifically on the self-storage industry, which were first launched in February 2013. All Blue Doors Funds are independently sponsored by Morningstar Properties. The current fund will allow the company to take advantage of value-add development and acquisition opportunities as the self-storage market cycle wanes…
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