United States, Oct. 19 -- JLL Capital Markets announced today that it has arranged $20.3 million in bridge financing for Pier 40 CubeSmart, a 118,280-rentable-square-foot, Class A self-storage facility in Philadelphia's South Philadelphia waterfront district.JLL worked on behalf of the borrower, PrimeSpace Capital, to secure construction take-out financing with Grant Street Funding. The three-year bridge loan includes two one-year extension options and provides flexible capital to complete lease-up and stabilization of the recently delivered facility, which is professionally managed by CubeSmart, one of the nation's largest publicly traded self-storage operators. Built in 1914 as a Philadelphia Port Authority warehouse, the two-story Beaux-...