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SpareBox Storage Completes $485 Million Refinancing

Tech-Enabled Operations Has Boosted Performance, CMBS Analyst Says
SpareBox Storage owns a portfolio of more than 108 facilities, including the one at 3122 Grange Hall Road in Holly, Michigan. (CoStar)
SpareBox Storage owns a portfolio of more than 108 facilities, including the one at 3122 Grange Hall Road in Holly, Michigan. (CoStar)
CoStar News
March 4, 2024 | 11:19 P.M.

SpareBox Storage, an operator of unmanned self-storage properties, strengthened its balance sheet with a $485 million refinancing from Bank of America and JPMorgan Chase.

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