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Vancouver 800-unit self-storage sells for $43.7 million

New self-storage facility in East Vancouver drew multiple offers and a record-setting price per-square-foot for the client in off-market deal
William Wright Commercial, Victoria, B.C., for Western Investor
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William Wright Commercial, Victoria, B.C., for Western Investor

Property type: Industrial (self-storage)

Location: 1615 Franklin Street, Vancouver

Number of lockers: 800

Building size: 58,000 square feet; seven storeys

Year built: 2021

Type of deal: Off-market

Price: $43.7 million

Brokerage: William Wright Commercial, Victoria, B.C.

Brokers: Connor Braid and Patrick Wood