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Buchanan Street Buys 102,450 SF Self-Storage Facility in Portland

6191-SE-Powell-Blvd-Portland-OR

The self-storage facility at 6191 SE Powell Blvd. in Portland, Ore., offers 102,405 square feet of climate-controlled storage space.

PORTLAND, ORE. — Newport Beach, California-based Buchanan Street Partners has purchased a newly constructed self-storage facility located at 6191 S.E. Powell Blvd. in Portland. Leon Capital Group sold the property for $22 million in an off-market transaction.

The three-story asset, which will be rebranded as a US Storage Centers location, features 102,450 square feet of climate-controlled storage space. Buchanan Street acquired the property, which received its certificate of occupancy in July 2020, during lease-up.

Westport Properties will handle property management responsibilities.

Content Partners
‣ Bohler
‣ Lee & Associates
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‣ NAI Global
‣ Walker & Dunlop

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