September 5, 2019

The LeClaire Group of Marcus & Millichap Sells Sprague & Sullivan Storage in Spokane Valley, Washington

SEATTLE, WA | The LeClaire Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Sprague & Sullivan Storage, a 126,710 square foot storage facility located in Spokane Valley, Washington.

Thomas Parsons, Investment Associate, and Adam Schlosser, Senior Vice President Investments, had the exclusive listing to market the property on behalf of the sellers, Dean and Elizabeth Grafos. “Self storage investors are increasingly buying in secondary markets like Spokane and it took a solid competitive effort to be picked as the buyer on this deal,” said Thomas Parsons, listing broker.

The facility offers traditional drive-up self storage, outside uncovered Boat/RV parking, Budget truck rentals, and portable metal containers for off-site rental. Spokane is one of the western states fastest growing cities due to its strategic location near California and Seattle, high quality of life, low cost of living, and strong economy.

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