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Seattle & Northwest  + Portland  + Industrial  |  July 12, 2024
Jasmine Kilman
By: Jasmine Kilman

Norris & Stevens Brokers Investment Sale of Portland Storage Facility

Macadam Moving LLC recently completed the $1.6 million purchase of a mini storage warehouse located at 5620-5622 S Kelly Avenue in Portland, Oregon.

Constructed in 1964 as a warehouse and renovated into a mini storage facility in 1998, the approximately 17,322-square-foot retail building is located just off Macadam Avenue in the heart of South Portland. Equipped with 168 individual storage units, the facility also includes four office/retail spaces and a freight elevator.

Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens Inc. represented the seller, Ronald A. Buss & Teresa McCurdy, and Jason Kennedy with RE/MAX Equity Group represented the buyer in the transaction.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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