July 31, 2019 Comments Off on 350-Unit Self-Storage Facility in Redmond Acquired Views: 181 Seattle & Pacific Northwest News, Seattle News

350-Unit Self-Storage Facility in Redmond Acquired

Strategic Storage Trust IV, Inc. acquired a 350-unit self-storage facility in Redmond, WA. Located at 23316 Redmond-Fall City Road NE, the gated-entry property features drive-up units, heated units, and 24/7 video surveillance.

Constructed in 1997, the facility is comprised of approximately 48,000 net rentable square feet.

Strategic Storage Trust’s Wayne Johnson says, “The facility has an irreplaceable location. Redmond has a high quality of life, with wealthy income levels and a diverse job base.”

SST IV is a public non-traded REIT that focuses on the acquisition of stabilized and growth self-storage properties. SST IV owns 17 self-storage facilities comprising approximately 11,500 self-storage units.

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