AZTEC GROUP ARRANGES $4.2M FOR SELF STORAGE IN BALTIMORE

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BALTIMORE, MD. — Aztec Group has arranged a $4.2 million mortgage loan for Clifton Park Self Storage, a 636-unit facility located at 4211 Shannon Drive in Baltimore. Developed in 2005, the 105,000-square-foot facility contains climate-controlled and non-climate-controlled storage space and 50 outdoor vehicle storage spaces. Charles Penan and Howard Taft arranged the 10-year loan, with a fixed interest rate below 4.4 percent, on behalf of the owner, SV5 LLC.

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