Gantry Secures $15 Million Loan For Self Storage Facility In Snoqualmie Washington

A self-storage facility located at 35501 Southeast Douglas Street in Snoqualmie, Washington, was involved in this transaction. The asset encompasses 85,127 rentable square feet and consists of 873 units. Additionally, the property includes a U-Haul rental yard. The loan amount secured for the acquisition was $15 million.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $15,000,000
• Address: 35501 Southeast Douglas Street
• Market: Snoqualmie, WA
• Asset Size: 85,127 rentable sq. ft.
• Units: 873 units
• Broker Representatives: Amit Tyagi, Andy Bratt & Sean Kuang - Gantry
• Loan Type: Acquisition

The loan secured was a permanent loan aimed at acquiring the property, which is now managed by Store Here. Gantry played a key role in facilitating this acquisition transaction through their brokerage services.