Paul Hastings LLP, a leading global law firm, announced today that the firm represented Acadia Realty Trust, a real estate investment trust, in the sale of 12 self-storage properties located in the New York City area for $261.5 million. The purchaser of the self-storage space is a joint venture between an institutional investor and the current Storage Post management team.
Paul Hastings associate Jack Flanagan led the Paul Hastings team on the transaction.