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The LeClaire Group of Marcus & Millichap Sells All Storage Northwest in Hayden, Idaho

Posted: 1/10/2019
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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 All Storage Northwest, a 67,505 square foot storage facility located in Hayden, Idaho.

Thomas Parsons, Investment Associate, and Adam Schlosser, First Vice President Investments, in cooperation with Paul Ryan, a Senior Investment Associate in Marcus & Millichap’s Boise, Idaho office, had the exclusive listing to market the property on behalf of the seller, a local LLC. “The North Idaho market has the fastest growing population in the country which helped produce multiple offers from national buyers,” said Thomas Parsons of Marcus & Millichap. The buyer was a well-qualified west coast investor who appreciated the quality of the asset and the local area.

All Storage Northwest has 500 total units consisting of drive-up non-climate controlled units and interior climate controlled units. Built in 2016 by Northcon, Inc., a national builder located in Hayden Idaho, the facility is fully fenced, well lit, gated with keypad access, and has 24-hour digital video surveillance.

From 2000 to 2016 the 5-mile population around All Storage Northwest grew an impressive 51 percent and is projected to grow an additional 11 percent in just five years time. Coeur d’Alene/Hayden is the fastest growing metro area in Idaho and Idaho is the fastest growing state in the country. The broker of record was Paul Ryan, license #DB39666, at 208-401-9321.

About The LeClaire Group of Marcus & Millichap

The LeClaire Group is a national self storage brokerage team that has closed over $3 billion in transactions across the United States. With a combined 60+ years of experience, we have the knowledge and expertise to assist our clients in reaching their short and long-term investment goals. We offer extensive underwriting, customized marketing, and unparalleled transactional expertise to achieve the best price and terms. We pride ourselves in offering unmatched brokerage and advisory services to both institutional and private clients alike. To learn more, please visit LeClaireStorageGroup.com

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