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Jernigan Capital invests in Minneapolis self-storage project

Jernigan Capital, Inc. has invested $11.7 million in a proposed conversion of an existing building into a multi-story, climate controlled, 813-unit self-storage project, based in Minneapolis, PE Hub reported. Construction is expected to be completed in the second quarter of 2019. Charlotte, North Carolina-based Cascade Storage Partners LLC is serving as the developer of the proposed project.

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Real Estate