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Sterling Equities has opened its latest self storage facility in Farmingdale, N.Y. The 115,000-square-foot property will operate under the CubeSmart brand.

Construction for the development began early in 2024. In December of the previous year, the development became the subject of a $10 million loan issued by Valley National Bank, according to Yardi Matrix information. The gated property currently comprises nearly 1,000 climate-controlled units across a three-story building located on a 3-acre site at 505 Bi-County Blvd. Units range in size from 25 to 375 square feet.