WOODLAND, WA, August 23, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Weekender Storage, a 99,316-square foot RV/Boat/Vehicle storage facility located in Woodland, WA, according to Joel Deis, regional manager of the firm’s Seattle office. The asset sold for $8,900,000.
Christopher R. Secreto, an investment specialist in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Christopher R. Secreto as well.
Weekender Storage is located at 1745 Schurman Way, Woodland, WA 98674. It has a total of 99,316 net rentable square feet and 245 self-storage units, of which were 99% occupied by the time of sale. Built in 2016/17, this high quality, well-maintained facility is equipped with a rental office and large mezzanine.
About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors.