CASE STUDY
Suffolk Self Storage
State of the art, climate controlled self-storage facility in Bohemia, Long Island












LordCap Green successfully provided $4.6M towards the new construction of Suffolk Self Storage.
Suffolk Self Storage is a state of the art, climate controlled self-storage facility in Bohemia, Long Island.
The facility will comprise of a 98,000-sf four-story main building, as well as three one-story, ancillary buildings which together are approximately 14,000 sf. The facility will be managed by CubeSmart.
Bohemia is situated along the South Shore of Long Island in the Town of Islip, approximately 50 miles from New York City. The town is near the Oakdale and Ronkonkoma stations of the Long Island Railroad, providing easy access to Manhattan where many residents work.
The financing is provided by LordCap Green through the partnership with the Energy Improvement Corporation (“EIC”), New York’s C-PACE program. Through C-PACE (“Commercial Property Assessed Clean Energy”), the borrower was able to access low-cost, long-term capital by rewarding verifiable efficiency and conservation savings.
$4.6 M
in LordCap
Green Finaning (LCGF)
1,212 metric tons of CO2e of saved over its lifetime
Equal to emissions saved from 173,921 miles driven by the average car
Property Type
Self-Storage
Improvement
New Construction
Term Length
20 Years
Capital Stack
Senior $8.5M
LCGF $4.6M
Equity $7M
More Case Studies

CASE STUDY
Suffolk Self Storage
State of the art, climate controlled self-storage facility in Bohemia, Long Island