JLL Capital Markets has helped facilitate the sale of the 1,134-unit, climate-controlled self-storage complex in Vancouver, WA. The JLL team of Brian Somoza, Steve Mellon, Christopher Ross and Ethan Goldberg represented the seller, an affiliate of Banner Real Estate Group. Strategic Storage Trust VI, Inc. acquired the asset. 

Vancouver Self Storage is located at 16600 SE 18^th St. in the Fisher Landing East neighborhood, 20 miles north of downtown Portland. The 2-year-old facility features modern amenities including electronic access control, elevators to the upper floors, a covered loading bay and 24-hour video surveillance. 

The immediate area contains nearly 43% renter-occupied housing in one of the fastest growing cities in the U.S. Somoza said in a news release, “The area’s high share of manufacturing and tech jobs have stayed strong throughout COVID and are continuing to see remarkable growth and expansion.”