Boston-based Fantini & Gorga has arranged $6.385 million in acquisition financing for two self storage properties in Falmouth and Fairhaven, on behalf of Storage Opportunities Partners LLC (StorageOp).

The Falmouth property consists of five buildings on 4.88 acres, with 79,495 square feet of rentable area and 749 units. Originally developed in 1997 and expanded in 2001, the property is located on heavily trafficked Teaticket Highway, also known as State Rte. 28, in East Falmouth.

The Fairhaven property is located on Lambeth Park Road, with visibility from State Rte. 240, a major connecting route to Route Interstate 195. The facility contains 41,583 rentable square feet in six buildings (with 337 units) on 4.06 acres. There are also 24 outside storage spaces and a separate leasing office building.

StorageOp now owns 13 facilities, according to a statement

"The lender offered our client a solid and well structured loan package, with a very competitive rate, extension options, and limited recourse," said F&G Managing Director Casimir Groblewski. "Included with one of the loans was a renovation holdback component. The lender immediately recognized the professionalism and experience of the sponsorship. It is heartening to find that despite conditions in the capital markets, there are lenders willing to respond quickly and to compete on financing opportunities, even those with complex renovations planned or underway."