Press Releases
Marcus & Millichap Brokers $9.5M Sale of 555-Unit Self-Storage Facility in Woodburn, Oregon
July 06, 2026
WOODBURN, Oregon, July 1, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of A+ Self Storage, a 555-unit self-storage facility in Woodburn, Oregon. The asset sold for $9,500,000 or $17,117 per unit.
“Investors continue to compete for well-located self-storage facilities across the Pacific Northwest because the market fundamentals remain strong,” said Tasso Douglas, senior director investments. “We received multiple all-cash offers from both private equity groups and real estate investment trusts, demonstrating the broad appeal of this asset. The new owner plans to rebrand the facility following the acquisition.”
Douglas, investment specialist in Marcus & Millichap's Palo Alto office, along with Brett Hatcher, Gabriel Coe and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus office, in association with David Tabata, Marcus & Millichap’s Oregon broker of record, had the exclusive listing to market the property on behalf of the seller, and procured the buyer, a real estate investment trust. The transaction was one of the buyer's final self-storage acquisitions before it was acquired by the nation's largest self-storage operator.
A+ Self Storage is situated on 4.21 acres at 2200 N. Pacific Hwy. Built in 1989, the property includes 555 self-storage units, consisting of 103 heated storage units, 448 non-climate-controlled units, three company units and one office. Located within the Salem metropolitan statistical area, the facility fronts North Pacific Highway, where traffic counts exceed 18,000 vehicles per day, and is near Amazon's fulfillment center.
“Investors continue to compete for well-located self-storage facilities across the Pacific Northwest because the market fundamentals remain strong,” said Tasso Douglas, senior director investments. “We received multiple all-cash offers from both private equity groups and real estate investment trusts, demonstrating the broad appeal of this asset. The new owner plans to rebrand the facility following the acquisition.”
Douglas, investment specialist in Marcus & Millichap's Palo Alto office, along with Brett Hatcher, Gabriel Coe and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus office, in association with David Tabata, Marcus & Millichap’s Oregon broker of record, had the exclusive listing to market the property on behalf of the seller, and procured the buyer, a real estate investment trust. The transaction was one of the buyer's final self-storage acquisitions before it was acquired by the nation's largest self-storage operator.
A+ Self Storage is situated on 4.21 acres at 2200 N. Pacific Hwy. Built in 1989, the property includes 555 self-storage units, consisting of 103 heated storage units, 448 non-climate-controlled units, three company units and one office. Located within the Salem metropolitan statistical area, the facility fronts North Pacific Highway, where traffic counts exceed 18,000 vehicles per day, and is near Amazon's fulfillment center.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
