Multi State 6 Property Portfolio
CA, AZ, & NV
Executive Summary
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for the Multi State 6 Portfolio, a collection of 6 self-storage facilities located throughout Arizona, California, and Nevada. The portfolio properties comprise a combined 3,007 units at 395,871 net rentable square feet of storage space along with 58,960 net rentable square feet of uncovered parking spaces. The Sparks, NV and Upland, CA facilities both have expansion opportunities that will potentially add a combined 32,170 net rentable square feet of storage space to the two properties. All of the portfolio facilities have undergone regular maintenance as well as various upgrades that enhance their appeal.
These self-storage properties are located in Vallejo, Upland, Lake Elsinore (CA), Tucson (AZ), Carson City, and Sparks (NV)—all regions showing strong economic growth. Vallejo benefits from major developments and rising employment in healthcare and retail. Upland is revitalizing with new businesses and commercial projects. Lake Elsinore is experiencing rapid population and retail expansion. Tucson’s economy is growing, driven by government, manufacturing, and education. Carson City is expanding its manufacturing and government sectors, while Sparks is adding jobs in logistics and tech, supported by major employers like Tesla and Google. Together, these cities offer strong investment potential through infrastructure growth and expanding job markets.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $6.5 billion in consideration and over 45 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
