PAG Investments acquires first investment for its self-storage platform

PAG Investments, a New York City–based real estate investment and management firm, announced the purchase of Heritage Self Storage, the first investment in its newly launched self-storage platform.

Heritage is a 109,813-square-foot, full-service storage facility with 570 units, located in Endicott, N.Y. It offers a mix of self-storage and commercial storage units and is the only such climate-controlled facility within a six-mile radius. The facility also includes a 200-vehicle lot and is situated on a well-maintained 13.89-acre parcel at 301 Glendale Drive in Broome County.

“We are pleased with the addition of the Heritage Self Storage facility to our portfolio. We plan on making physical upgrades to the existing systems and bringing our Endicott facility up to the standards of PAG Investments’ properties,” said Gershon Alexander, principal.