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Spartan Investment Group Expands PNW Self-Storage Footprint
Colorado-based Spartan Investment Group, a privately held real estate investment firm specializing in self-storage, has closed on a trio of premium, well-occupied facilities in the Pacific Northwest. They include two facilities in Portland, OR and one in Vancouver, WA. Terms of the acquisition were not disclosed. The deal elevates Spartan’s market value in the region to more than $100 million
The three properties total 224,119 net rentable square feet and 2,410 storage units. All three were built within the past seven years.
“These assets not only complement our existing portfolio but also expand our presence in the Pacific Northwest — a region known for its dynamic growth and substantial demand for self-storage,” said Ryan Gibson, Spartan’s CIO and co-founder. “By retaining Extra Space Storage as our third-party manager, we ensure continuity of excellence in service and management.”
Within the Pacific Northwest, Spartan’s portfolio includes facilities in Sandy, OR and Black Diamond, WA, both constructed and operated by its in-house teams. In addition, Spartan has plans to develop two additional sites in Northern Washington.
- ◦Sale/Acquisition
