JLL Capital Markets arranged $19 million construction financing for an Extra Storage Space self-storage development coming to Newark.

SST IV owns 16 self storage facilities comprising approximately 11,000 self storage units and 1.3 million net rentable square feet of storage space, as well as two parcels of land under development.

Newark-based Tegile, led by CEO Rohit Kshetrapal, has raised $117.5 million to date. Hybrid storage startup Tegile raised $70 million in Series D funding on Tuesday to grow its team.