UNLOCK THE POWER OF THE VAULT

Strategic Storage Trust IV Acquires 350-Unit Self Storage Facility Near Seattle

July 24, 2019

Strategic Storage Trust IV Acquires 350-Unit Self Storage Facility Near Seattle

July 24, 2019 | Strategic Storage Trust IV, Inc.

Strategic Storage Trust IV, Inc. (SST IV), a public non-traded real estate investment trust, announced today the acquisition of a 350-unit self storage facility in Redmond, Washington.

“This facility has established itself as a convenient self storage and retail services provider for the Redmond submarket of Seattle,” said Wayne Johnson, president and chief investment officer. “The facility has an irreplaceable location. Redmond has a high quality of life, with wealthy income levels and a diverse job base. We are very pleased to add this property to our growing portfolio of self storage facilities nationwide.”

Located at 23316 Redmond-Fall City Road NE, the property features gated entry, drive-up units, heated units, and 24/7 video surveillance. Constructed in 1997, the facility is comprised of approximately 48,000 net rentable square feet.

Read Full Press Release

Print Friendly, PDF & Email
Go Back
John E. Moriarty, ChFC
December 2015
February 3, 2016

I have been in the financial services industry for 20 years and our firm provides an education platform that gets clients to “think differently” about their financial picture.  For many years we have communicated to clients the need to diversify their portfolios using alternative asset classes and more specifically, private non-traded investments.  Due diligence on these types of financial vehicles is essential and when I learned about Blue Vault in 2010, our firm immediately began using their material as a tool to build confidence in the minds of our advisors on which alternatives to recommend to clients.  I am impressed with the way Blue Vault continues to add value to their subscribers and I view their publication as a tremendous resource in today’s complex world.