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Real Estate

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August 3, 2021

Self-storage properties trade for over $64M

Real Estate Editor

As part of an announced national four-property deal, a StorQuest facility at 1113 state Route 204 in Lake Stevens has sold for about $31.2 million, according to King County records. The seller was 1113 State Highway 204 SP LLC, associated with William Warren Group of California, which recently developed the property. The last land sale is unclear.

The buyer was Lake Stevens Storage Owner LLC, also associated with William Warren — which will apparently continue to manage the property. The deal was worth about $292 per square foot.

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