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Center idge Partners, L.P. and Reframe Holdings LLC announced the formation of a programmatic joint venture.
Including leverage, the venture will be positioned to aggregate and own over $500 million of self-storage facilities across the United States, officials said.
The partnership will focus on acquiring existing Class A and institutional-quality Class B facilities in top metropolitan statistical areas (MSAs) nationwide, using leading third-party property managers to oversee operations.
The platform combines Center idge's deep experience and track record in self-storage with Reframe's principals' experience in acquisitions, development, and management of self-storage and other related properties, the officials said.
Center idge has an extensive track record investing in the self-storage sector, having owned significant self-storage businesses and assets in both public and private markets throughout the U.S. and Europe.
Since 2017, Center idge has acquired approximately $3 billion of self-storage real estate in the U.S. across more than 375 assets and over 22 million square feet.
Additionally, Center idge is invested in the European self-storage sector through multiple platforms across the Nordics and Spain.
"Center idge has long recognized the resilience of the self-storage industry through economic cycles. With fundamentals stabilizing and new supply moderating, we believe the sector is well positioned for renewed growth," said Matt Da owski, co-head of Real Estate and senior managing director at Center idge.
Da owski added, "We are thrilled to partner with Matt, Zack, and the entire Reframe team, leveraging their deep industry relationships and data-driven approach to capitalize on the evolving opportunity set."
"We founded Reframe with the confidence that our entrepreneurial mindset, data analytics, and proven execution would make us an ideal partner for a firm like Center idge. By combining Reframe's acquisition and operating experience with Center idge's capital and strategic perspective, we are confident in our ability to scale quickly," said Matt Dicker, co-founder of Reframe.
"The storage sector remains highly fragmented. Our industry relationships and sourcing channels position us to capitalize on this inflection point as the industry recovers," said Zack Widmann, co-founder of Reframe.
Walker & Dunlop's Equity and Structured Finance team advised on the formation of the joint venture.
Burr & Forman LLP acted as legal advisor to Reframe, and Simpson Thacher & Bartlett LLP acted as legal advisor to Center idge.
Founded in 2005, Center idge Partners is a multi-strategy investment firm with offices in New York and London and platforms in private equity, credit, and real estate with approximately $43 billion under management as of June 30, 2025.
Center idge has invested over $12 billion of capital across more than 125 real estate investments, with broad capabilities to invest in operating companies, programmatic joint ventures and special situations across the capital structure.
Led by Matt Dicker and Zack Widmann, Reframe Holdings is a Charleston, S.C., and Boca Raton, FL based real estate investment and management firm founded in 2024.
Collectively, the principals of Reframe have transacted on over $1.8 billion of self-storage and industrial properties across 40 facilities totaling 5.1 million square feet.
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