Self-storage developer John Wood is set to build a $5.5 million facility in Spokane, Wash. The property will comprise about 97,000 square feet of storage space in 450 units at 8502 W. Geiger Blvd., near Spokane International Airport. Construction is expected to be complete in October, according to the source.
Wood picked the site due to its central location and ability to serve the communities of Airway Heights, Cheney and Medical Lake, Wash. “We just thought we could tap into all of it. Easy access in and out,” he told the source. “It’s not something you visit every day.”
The site is just northwest of a large development expected to be an Amazon fulfillment center comprising 2.5 million square feet.
Wood previously developed A Better Storage Solution in Post Falls, Idaho, which he sold earlier this year. Permits for the Spokane project indicate the facility name as All Seasons Mini-Storage, but Wood indicated he may change it to Amazing Mini-Storage to loosely tie in with Amazon being a neighboring business.
Parts of Idaho and Spokane County, Wash., are among the hottest self-storage development markets in the Northwest, according to the “Journal of Business.”
Source:
The Spokesman-Review, Large Storage Development Planned Near Spokane Airport
