GLP Capital Partners has held a final closing for its North American self-storage real estate fund, GCP SecureSpace Property Partners.
The fund was oversubscribed at its $1.5 billion hard cap, making it the largest self-storage fund ever raised. The fund secured commitments from a diverse group of limited partners including domestic and international institutional investors, including public and corporate pensions, insurance companies, asset management firms, and family offices.
GCP US is a registered investment adviser focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. GCP US’s self-storage platform, GCP Storage Advisors (GSA), is strategically positioned at the intersection of technology, operations, and capital to create scalable advantages across the investment life cycle. The GSA team has deep self-storage sector investment and operating experience and utilizes technology to enhance its investment and