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The Carlyle Group Builds a Self-Storage Facility in the Crown Heights, New York
A Carlyle subsidiary acquired the 43,000-square-foot lot in November for $13 million

September 27, 2021: Private-equity firm Carlyle Group is building a self-storage facility in the Crown Heights neighborhood of Brooklyn, New York. The property located at 1223 E. New York Ave. is the site of a former Western Beef meat market. 

A Carlyle subsidiary acquired the 43,000-square-foot lot in November for $13 million from Criterion Group, which had received approval to construct a three-story self-storage facility there. 

The Carlyle Group deploys private capital across four business segments: corporate private equity, global credit, investment solutions and real assets.


Source: https://www.insideselfstorage.com/development/self-storage-development-and-zoning-activity-september-2021