InSite Buys 150,000 SQFT Self Storage Facility in Seattle for $30MM

The Registry PNW   |   Kate Snyder

Posted In — News & Press | In the News

Seattle’s industrial market continues to draw investors’ attention with the recent sale of a self-storage facility in the city’s Greenwood district. The property traded at $30 million, or approximately $199 per square foot, according to King County property records. The buyer was an entity affiliated with InSite Property Group, and the seller was an entity affiliated with Thomas Nickerson, a managing member of Nickerson Properties LLC, a privately held real estate investment company based in Seattle.

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