Matthews Brokers Sale of 1,070-Unit Self-Storage Facility in Santa Monica

by Amy Works

SANTA MONICA, CALIF. — Matthews Real Estate Investment Services has arranged the sale of a self-storage facility located at 1620 14th St. and 1621 Euclid St. in Santa Monica. Invesco Real Estate acquired the asset. The seller and price were not released.

The 56,490-square-foot facility features 1,070 units. The two-parcel facility sits on 1.3 acres at the intersections of Colorado Avenue and 14th Street.

Bill Pedersen, Shane Avera and Maxx Bauman of Matthews represented the seller in the transaction.

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