Supreme Self Storage Portfolio
Seattle - Tacoma - Bellevue, Washington MSA
Executive Summary
CBRE’s Self Storage Advisory Group has been retained by ownership as the exclusive listing advisor to market the sale of the Supreme Self Storage Portfolio, which consists of two class-A selfstorage facilities strategically located in the Puget Sound region of the Seattle-Tacoma-Bellevue, Washington MSA. This investment opportunity consists of 1,371 total units spread across 125,750 net rentable square feet of storage space along with 57,840 net rentable square feet of uncovered parking spaces.
Federal Way is a strategically positioned South King County market located between Seattle and Tacoma along Interstate 5, providing businesses and residents with excellent access to the Puget Sound region’s employment centers, Seattle-Tacoma International Airport, and the Ports of Seattle and Tacoma. The city’s economy is supported by healthcare, education, retail, professional services, and a growing commercial base, while major employers such as MultiCare Health System and educational institutions including Highline College and nearby University of Washington Tacoma contribute to workforce development and economic stability. Continued redevelopment activity, Sound Transit light rail expansion, strong population density, and proximity to some of the Pacific Northwest’s most important transportation corridors support long-term growth and investment demand throughout the market.
Kent is one of the Pacific Northwest’s premier industrial and logistics markets, anchored by the Kent Valley, one of the largest manufacturing and distribution hubs in the western United States. The city benefits from direct access to Interstate 5, State Route 167, Interstate 405, Sea-Tac Airport, and the Ports of Seattle and Tacoma, making it a critical node for regional and international trade. Kent’s economy is driven by aerospace, advanced manufacturing, warehousing, transportation, food production, and distribution, with major employers including Boeing suppliers, Blue Origin, Amazon, and numerous logistics operators. A large and skilled labor force, extensive industrial inventory, and continued demand from e-commerce and advanced manufacturing users have established Kent as one of the strongest industrial markets in Washington State, supporting sustained economic growth and commercial real estate investment activity
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
