Associated Bank recently provided more than $14 million for storage and parking projects in Missouri and Illinois.
An affiliated entity of Metro Storage received $8.1 million to acquire and reposition a vacated retail center at 3240 W. Touhy Ave. in Skokie, Illinois. The center will be converted to about 83,000 square feet of climate-controlled self-storage units.
An affiliated entity of Green Courte Partners and The Parking Spot received $6.3 million for the acquisition and repositioning of a 1,758-space parking garage serving Lambert-St. Louis International Airport. The Parking Spot provides parking and shuttle service in 34 locations at 21 major airports in the United States.
Edward Notz of the commercial real estate division of Associated Bank managed both loans.
