Swerdlin and Mikula of HFF close sale of 10-prop. self-storage portfolio

Holliday Fenoglio Fowler, LP (HFF) has closed the sale of a 10-property self storage portfolio totaling more than one million s/f with assets located throughout New Jersey and New York. HFF marketed the properties exclusively on behalf of the seller, The Hampshire Cos. Extra Space Self Storage purchased the portfolio free and clear of existing debt. The HFF team representing the seller was led by senior managing directors Aaron Swerdlin and Jon Mikula. The Hampshire Cos. is a full-service, private real estate firm based in Morristown, New Jersey. The Hampshire Cos. is an organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. Extra Space Storage Inc. is a real estate investment trust based in Salt Lake City, Utah with regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas. Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self storage properties. Holliday Fenoglio Fowler, LP (HFF) and HFF Securities LP (HFFS) are owned by HFF, Inc. HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, equity placement, loan sales, and commercial loan servicing.