East Pierce self-storage site snapped up as part of nationwide investment

A self-storage site that launched construction last year in East Pierce County has sold to an entity tied to a Chicago-based investment management firm.

The investment firm is part of a joint venture aimed at becoming the largest private owner of such sites.

Extra Space Storage site, 5514 152nd St. E., traded hands for $18.35 million in a sale recorded with Pierce County on July 21. The site is near the intersection of Canyon Road East and 152nd Street East between Summit View and Frederickson…

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