JLL arranges $160M credit facility for Safely Store Self Storage’s continued growth

DALLAS, July 10, 2026 – JLL Capital Markets announced today the closing of a $160 million credit facility financing for Safely Store Self Storage, secured by a seed portfolio of 11 institutional-quality storage facilities across a geographically diverse footprint of seven major U.S. metropolitan statistical areas (MSAs). 

JLL Capital Markets worked on behalf of the borrower, Safely Store Self Storage (“Safely Store”), a partnership between the principals of Taylor/Theus Holdings Inc. and Iron Point Partners LLC, to secure the financing from J.P. Morgan.

Safely Store is a self-storage dedicated investment platform backed by a $400 million investment from La Caisse (formerly CDPQ) and another global institutional investor. The platform was formed to deploy capital nationally in the self-storage sector, and this new financing will support the further scaling of the venture.

The facility is lower leverage and consists of a $60 million term loan and a $100 million accordion feature, providing Safely Store with access to additional capital to finance future acquisitions and development projects as the platform grows. In addition, the facility’s tailored prepayment structure and partial release optionality provide Safely Store with the flexibility to efficiently scale the platform as new assets are acquired and developed.

“We are pleased to announce the closing of this credit facility and work with J.P. Morgan on our platform’s continued growth,” said Tyler Colpini, CEO of Safely Store Self Storage. “The functionality of the facility was a bespoke request, and JLL ran a competitive process that brought many top-tier lenders to the table. We are thrilled with the execution and excited to have a facility in place that will allow Safely Store to continue targeting top MSAs with a focus on sub-markets exhibiting strong demand and constrained supply, while maintaining a disciplined leverage profile across the portfolio.”

The seed portfolio totals over 872,000 rentable square feet and varies from multi-story, full climate-controlled facilities to single-story drive-up facilities. Extra Space Storage, a leading third-party management firm and REIT, currently manages the entire portfolio.

JLL’s Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Brian Somoza, Senior Director John Bauman, Associate Jordan Buck and Analyst Shishir Reddy.

JLL’s Capital Markets group 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. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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