Commercial real estate investment firm Glacier Global Partners has formed a joint venture with Next Century Self Storage, a real estate investment and operating platform, to acquire and manage self-storage facilities across the U.S. The partnership combines Glacier’s institutional investment platform, capital-markets experience and structuring capabilities with Next Century’s experience in asset management, operations and sourcing, according to a press release.
“Glacier is the exact type of partner we were looking to team up with,” said Adam Troso, founder and CEO of Next Century. “Glacier brings deep experience, institutional rigor and a long-term mindset, which will enhance our ability to execute with confidence and pursue opportunities efficiently while maintaining the operational focus that defines our platform.”
“This partnership reflects Glacier’s strategy of expanding its investment platforms by backing best-in-class operating partners through thoughtfully structured, long-term relationships,” said Yaniv Blumenfeld, Glacier’s founder and managing partner. “Next Century has built a disciplined and data-driven operating model, and we are excited to work alongside Adam Troso and his team to support a scalable acquisition strategy that creates durable value for all stakeholders.”
Related:Self-Storage Real Estate Acquisitions and Sales: February 2026
Headquartered in New York, Glacier focuses on equity investments and debt financing for commercial real estate, data centers and utility-scale renewable energy projects. The firm has closed on more than $30 billion in investments nationwide.
Founded in 2023, Next Century specializes in acquiring well-located but under-managed self-storage facilities and improving them to deliver strong returns to investment partners, the release stated.
Source: EIN Presswire, Glacier Global Partners and Next Century Self Storage Announce Strategic Joint Venture Partnership
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