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Newmark brokered a recapitalization and new joint venture between Hines and CubeSmart for a 14-property self-storage portfolio located across the Dallas-Fort Worth Metroplex. Newmark’s Aaron Swerdlin and Andrew Warin advised Hines on the recapitalization.

“As one of the largest national self-storage portfolio transactions of 2024, this transaction was a testament to the strength of the Dallas-Fort Worth market and further validation of the durability and appeal for high-quality storage assets across the U.S.”