CHICAGO – January 27, 2015 – Associated Bank announces following commercial loan closing:
Metro Self Storage – $5,041,217 to Metro Storage Brown Deer LLC for the construction of an approximately 79,000 sq. ft. self-storage facility located at 4059 W. Bradley Road in Brown Deer, Wis.. The project, which is on the southeast corner of W. Bradley Road and N. Teutonia Avenue, will include both climate- and non-climate controlled storage units. The facility represents a re-entry to the state of Wisconsin by Metro Self Storage®, a leader in the self-storage industry. Metro Self Storage has been in the business of self-storage since 1973, built and operated the first self-storage location in Illinois, and today operates storage facilities in 12 states.
Senior Vice President Edward “Ted” Notz, from the Commercial Real Estate division of Associated Bank in Chicago, originated the loan and managed the loan closing.
Headquartered in Chicago, Associated Bank’s Commercial Real Estate division is committed to providing its clientele of developers/owners/operators of commercial real estate with financing solutions and an array of products and services catering to the unique demands of their business. The Commercial Real Estate division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio and Wisconsin.