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12/22/20
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In Self Storage recently acquired Storage Solutions on Eaton, a 376-unit facility in Battle Ground, WA. The property opened for business in July 2020 and is in the initial lease up phase at the time of closing. A price was not given out.
The asset totals 51.6k sf and includes excess land for future expansion. The Class A facility offers both heated and unheated units and covered RV parking and is well situated in the high growth Battle Ground market.
The buyer, In Self Storage, is a self-storage operator that acquires and manages medium sized storage and RV rental facilities located in CA, AZ, CO, TX, UT, OR and WA and has a current portfolio of 25 assets. Jim Lewis, Greg Wells, Luke Elliott and Mike Mele with Cushman & Wakefield’s Self Storage Advisory Group handled the transaction on behalf of the property developer.
“The Storage Solutions on Eaton property offered the exceptional combination of a newly built, high-quality asset with land for expansion in a fast growth suburb of the Portland-Vancouver metropolitan area,” commented Lewis.
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