**Blue Vista Launches $600M National Self-Storage Platform in Partnership with UBS and Extra Space Storage**
Blue Vista Capital Management, a Chicago-based investment firm, has announced the launch of a strategic collaboration with UBS’s Unified Global Alternatives – Real Estate business and Extra Space Storage. The newly formed partnership will have approximately $600 million in buying power aimed at building a diversified self-storage portfolio across the United States.
The platform will focus on acquiring and developing core-plus, value-add, and new development self-storage opportunities. The ultimate goal is to create a long-term portfolio of assets within a perpetual life investment vehicle. All investments resulting from this collaboration will be managed by Extra Space Storage, one of the nation’s leading operators in the self-storage sector.
Blue Vista brings more than 15 years of experience in self-storage investing, with a proven track record of sourcing and executing deals across U.S. markets. To date, the firm has participated in 65 self-storage investments in partnership with sector-focused operators, including Extra Space Storage.
“This collaboration represents the convergence of Blue Vista’s strong relationships alongside long-term operating partners and an existing investor, with our focus and conviction to the self-storage sector,” said Peter Stelian, CEO of Blue Vista Capital Management.
With this partnership, the firms aim to leverage their collective expertise and capital to capitalize on opportunities within the resilient and growing self-storage market.
