$71.5M in financing and JV equity arranged for Colorado self-storage portfolio

HOUSTON, March 3, 2026 –  JLL Capital Markets announced today that it has arranged $71.5 million in financing and joint venture equity for a nine-property self-storage portfolio in Clear Creek and Grand Counties, Colorado.

Working on behalf of UpLift Development Group, JLL placed the $52.5 million first mortgage and arranged the remaining preferred equity with a strategic capital partner. Total proceeds were used in conjunction with sponsor equity to acquire the portfolio in an off-market transaction.

The portfolio totals 3,017 units with 493,801 rentable square feet and an overall occupancy of 72%. The properties range in vintage from 1994 to 2023, providing significant value-add opportunities with basic institutional upgrades.

Positioned just west of the Colorado Front Range, all the properties are located along Interstate 70 and Highway 40 corridors west of Denver. The acquisition allowed the buyer to capture 100% of the self-storage market in Clear Creek County and 95% of the self-storage market in Grand County.

The JLL Capital Markets team was led by Managing Director Griffin Guthneck, Senior Director Matthew Wheeler and Director John Williamson.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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Uplift Development Group is a vertically integrated real estate company specializing in the development, construction, acquisition, and management of self-storage facilities in high-growth markets across the United States. Through its flagship brand, Uplift Self Storage, the company has built a strong reputation by leveraging strategic partnerships and a streamlined, data-driven approach to operations. Led by industry veterans Brandon Grebe and Lee Fredrick, Uplift continues to expand its portfolio while delivering reliable, consistent results in the self-storage sector.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.