CubeSmart - Cranston, RI
Located: 950 Phenix Ave, Cranston, RI 02921
Project Highlights:
Ground-up development managed by BCP
80,000 Square feet of climate and non-climate controlled self-storage with 6,000 square feet of retail space
Grand opening - July 2018
Sold in June 2021
Project Level Return:
17.8% XIRR
1.7x Equity Multiple
19.7% Annualized Simple Return