Leitbox DST Deepens its Platform
January 20, 2022 | Leitbox Storage Partners
Leitbox DST of Leitbox Storage Partners, “Leitbox”, has recently closed on a majority capital investment in Sage Property Company, “Sage”. The venture platform will focus primarily on value-add acquisitions catering to the DST sector.
“The principals of Sage have completed over 100 tax-driven self storage investment transactions, exceeding $2 billion in asset value. Sage is the perfect partner to help us deepen our material commitment to the DST/1031 market,” says Bill Leitner, Managing Principal of Leitbox Storage Partners.
“Leitbox continues to establish itself as a formidable deal-maker in the self storage sector. They have strong execution prowess combined with institutional capital sources which bring great creativity to acquisitions. We cannot think of a more impactful partner,” says Matt Weckesser, Managing Principal of Sage Property Company.
About Leitbox Storage Partners
Leitbox Storage Partners (“Leitbox”) is a real estate company that develops and acquires self-storage (often with mixed use & retail integration) in primary and secondary markets throughout the United States. In addition to programmatic, greenfield development of vertical self-storage, the founder utilizes his 25+ year history in the retail and mixed-use sectors to identify and acquire retail, big-box conversion opportunities and other storage facilities.
About Sage Property Company
Sage Property Company (“Sage”) is a real estate investment company that specializes in the acquisition, development, and asset management of self-storage facilities in the United States. Sage acquires existing facilities and development sites in well-insulated markets while partnering with best-in-class third-party property managers. The founders of Sage have worked together to complete more than $2B in private market self-storage transactions since 2013.
Media Contact
Owen Mulvaney
Email: omulvaney@leitbox.com
