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DISPOSITION: Colliers brokers $18.4M sale of Sunset Self Storage in Puyallup, WA. Completed in 2025, the facility at 5514 152nd St. E features climate-controlled units, multi-story elevator access, and modern security systems, with convenient access to State Routes 512 and 167 and I-5. BVDSS Puyallup Owner LLC sold the property to Mitchell RE Holdings LLC. Jacob Becher and Nate Fliflet of Colliers represented the buyer and seller.

DEVELOPMENT: Spartan Investment Group opens 76,600 SF self-storage facility in Bellingham, WA. Operating under the FreeUp Storage brand, the 3.8-acre property features 541 units across eight single-story buildings, offering heated and standard storage options. Located near Costco and Interstate 5, the facility marks Spartan’s 10th property in the Pacific Northwest. Spartan Construction developed and built the facility, with Ryan Gibson, President and CIO of Spartan Investment Group, leading the company’s expansion.

ACQUISITION: Crescendo acquires six self-storage facilities in Walla Walla, WA. The portfolio comprises Mill Creek Self Storage, Eastgate Self Storage, Eastside Mini Storage, Melrose Mini Storage, Storage Quest Self Storage and Main Street Self Storage, totaling 191,089 NRSF and 1,291 units. The properties will continue operating under the Walla Walla Self Storage brand, expanding Crescendo Self Storage Management’s Washington portfolio. Jordan Mills, President of Crescendo Properties, highlighted the company’s continued investment in Eastern Washington.

DISPOSITION: JLL Capital Markets brokers sale of 127,000 SF Rockville Self Storage facility in Rockville, MD. The Class A property at 4 and 44 Research Place comprises two buildings built in 2016 and 2020, totaling 1,454 units, with 93% occupancy, climate-controlled and drive-up storage, gated access, and 24-hour video surveillance. Washington Property Company sold the facility to an Ares Real Estate fund, with SecureSpace Self Storage operating the property. JLL Capital Markets’ National Self Storage team represented the seller and procured the buyer.

30,400 SF Building | 361 Units | 99% Occupancy | 62 Parking Spaces

98,120 RSF Building | 230 Units

11,000 SF Building | 92 Non-Climate-Controlled, Drive-Up Units Ranging from 5' X 5' To 10' X 20' | 81.5% Physical Unit Occupancy

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