Thirty-seven properties recently changed hands, with portfolio activity dominating the deal flow: seven multi-property transactions accounted for 31 of the assets. Two of the largest disclosed deals concentrated capital in the Pacific Northwest, where Public Storage acquired 10 Money Saver facilities across Puget Sound for $96.9 million and 5 more in the Portland metro area for $54.2 million. Several Puget Sound properties combine constrained supply, affluent demand bases, and strong rents, including Kirkland, with just 4.4 square feet per capita (SF/capita), a $178,400 median income, and a $2.41/SF walk-in rate.…
