Heitman has launched a core-plus strategy focused on self-storage assets across the United States. Heitman, to date, has received commitments totaling $275 million and an additional $200 million in co-investment. The strategy will pursue a core-plus return profile and seek to generate strong cash flow and long-term growth through a diversified portfolio of stabilized, lease‑up, and selective development assets.
In connection with the launch, Heitman has completed the acquisition of a seed portfolio comprising 79 self-storage assets across 16 states. The seed portfolio represents a diversified, large-scale acquisition totaling approximately 4.9 million rentable square feet. Through operational enhancements, the portfolio is expected to benefit from continued revenue growth, with select properties also offering approximately 550,000 square feet of expansion potential.
“We believe today represents an attractive entry point. Assets can be acquired well below replacemen