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Barings, Canvass Capital Form $250 Million Self-Storage Joint Venture

Partners To Pursue Niche Strategy of Expanding Mom-and-Pop Locations, While Building in Growth Markets
The 75,800-square-foot property at 509 Seagle St. in Huntersville, North Carolina, is among the first purchases in a new self-storage venture targeting the Southeast. (CoStar)
The 75,800-square-foot property at 509 Seagle St. in Huntersville, North Carolina, is among the first purchases in a new self-storage venture targeting the Southeast. (CoStar)

Barings, the $391 billion global investment subsidiary of MassMutual, has entered a joint venture with real estate investment management firm Canvass Capital to buy and develop self-storage properties throughout the Southeastern United States.

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