# Glacier West Pays $12.075 Million for Tote 'N Stow, a 9.3-Acre RV and Mini-Storage Campus in Tualatin, Oregon > A Portland-suburb institution changed hands after 37 years of trust ownership. Glacier West's Tualatin buy pairs 38,347 rentable square feet of storage with 140,300 square feet of vehicle parking, a hybrid asset brokers framed as covered land in an upper-income market short on large commercial parcels. - URL: https://www.yourcaio.co/news/glacier-west-tote-n-stow-12-million-tualatin-october-2026 - Published: 2026-11-01 - Author: David Cartolano (https://www.yourcaio.co/about) - Category: Acquisitions - Tags: Glacier West Self Storage, Tote N Stow, Tualatin Oregon, RV Storage, Marcus and Millichap - Source: [Marcus & Millichap](https://www.marcusmillichap.com/news-events/press/2026/10/10-22-26-tote-n-stow) ## Key Takeaways - Marcus & Millichap announced a $12.075 million sale of Tote 'N Stow on October 22, 2026; the 178,647-square-foot Tualatin, Oregon, asset sits on 9.3 acres about 15 miles south of downtown Portland. - The facility includes 164 self-storage units totaling 38,347 rentable square feet plus 471 covered and uncovered RV and vehicle spaces totaling 140,300 square feet, per the brokerage press release. - Sellers held the property since 1989 through Oregon-based business trusts; Glacier West Self Storage publicly confirmed the acquisition as its Oregon expansion anchor in early October 2026. - Senior managing director Chris Secreto cited scarce large commercial land parcels in the upper-income suburban market, framing the trade as a long-term covered land investment as well as an operating asset. - The buyer plans building upgrades, rebranding, and professional management on a site family-operated since 1958, according to Marcus & Millichap and Glacier West announcements. Marcus & Millichap sold **Tote 'N Stow** for **$12.075 million** on **October 22, 2026**, transferring a **9.3-acre** Tualatin, Oregon, campus with **164** mini-storage units and **471** RV and vehicle spaces to **Glacier West Self Storage**. The **178,647-square-foot** asset sits **15 miles** south of downtown Portland at **10290 SW Tualatin Road**. Brokers marketed the deal as both operating cash flow and **scarce land**: sellers held the property since **1989**, and the buyer plans **upgrades, rebranding, and professional management** on a site marketed to locals since **1958**. The close lands in an active **October 2026** tape that includes [Public Storage's Colorado portfolio buys](https://www.yourcaio.co/news/public-storage-colorado-ibox-aurora-fort-collins-october-2026) and [Rogers Equity's Wisconsin Storage Lion campus](https://www.yourcaio.co/news/rogers-equity-storage-lion-oshkosh-acquisition-october-2026). --- ## What Did Glacier West Actually Acquire? The product mix is the story. Mini storage totals **38,347** rentable square feet across **164** units built in **1978**. Vehicle storage adds **140,300** square feet across **471** covered and uncovered stalls for RVs, boats, and cars. | Component | Count / size | |------|------| | Land | 9.3 acres | | Mini-storage units | 164 units; 38,347 RSF | | RV/vehicle spaces | 471 spaces; 140,300 SF | | Total facility size | 178,647 SF | | Sale price | $12.075M | Glacier West's **October 2026** social post emphasized continuity: Tote 'N Stow served Tualatin for decades as a **family-run** operator, and the buyer pledged to maintain service levels while investing in the platform. That narrative matters in vehicle-heavy storage, where tenants choose on **trust and gate security** as much as on **$/SF**. --- ## Why Did Marcus & Millichap Frame the Trade as a Land Play? Chris Secreto, senior managing director in Marcus & Millichap's Seattle office, said large commercial land parcels are **increasingly difficult to find** in the Portland suburbs. Sellers owned the asset since **1989**; the buyer gets **nine acres** in an **upper-income** corridor where new entitled storage sites face long timelines. > The sellers had owned the property since 1989, and the transaction presented an opportunity to acquire more than nine acres in a densely developed, upper-income suburban market. Large commercial land parcels are increasingly difficult to find in this area, making the property a long-term covered land investment for the buyer. - **Chris Secreto**, Senior Managing Director, Marcus & Millichap David Tabata, Oregon broker of record, co-marketed the listing exclusively for Oregon-based business trusts. The buyer group was described as **out-of-state regional** capital in the press release, consistent with Glacier West's Pacific Northwest expansion strategy. Hybrid buyers are paying for **optionality**: continue RV-heavy operations, rebrand mini storage, or eventually repurpose land if zoning and density shift. That is a different thesis than [CubeSmart's 949-unit Canton, Ohio, lease-up buy](https://www.yourcaio.co/news/sw-group-cubesmart-canton-ohio-first-out-of-state-october-2026), which is pure climate-controlled fill-up. --- ## How Does Portland-Area Supply Affect the Thesis? Pacific Northwest markets do not behave like 2023 Sun Belt glut corridors. [National advertised rates still softened through September 2026](https://www.yourcaio.co/news/yardi-matrix-october-2026-advertised-rates-1-8-percent-september-2026), but **vehicle storage** and **infill land** remain supply-constrained product types. Tote 'N Stow's own marketing highlights **24/7 monitoring**, keypad gate entry, and proximity to **I-5** and **Highway 99W**. Those features support premium RV rents even when **10×10** web rates move slowly. Glacier West's rebranding plan signals **institutional operating standards** coming to a legacy operator: professional management, capital improvements, and likely unified pricing across the Portland footprint. Expect **rate resets** and **marketing spend** as the new owner integrates the asset. --- ## What Should Operators Learn From the $12.075 Million Print? Three takeaways for owners and brokers. **Family tenure creates bid depth.** Thirty-seven years of ownership produced a marketing story buyers can underwrite emotionally and financially. When you sell, document **occupancy by product type**, **RV wait lists**, and **capital spent** since the last roof cycle. **Hybrid comps require blended math.** At **$12.075M** on **178,647** total square feet, the deal prices near **$68/SF** on everything, not on storage RSF alone (**~$315/SF** on mini-storage RSF only). Appraisers and lenders will fight that split; sellers should present **vehicle income separately**. **Regional platforms still expand.** Glacier West's Oregon entry mirrors [StorageMart's Kansas City-area acquisition](https://www.yourcaio.co/news/storagemart-five-facilities-q3-2026-mo-ks-fl-october-2026) and [SW Group's first out-of-state CubeSmart buy](https://www.yourcaio.co/news/sw-group-cubesmart-canton-ohio-first-out-of-state-october-2026): operators with capital and systems keep buying while REITs integrate mega-mergers. --- ## The Numbers Worth Writing Down - **$12.075M** sale price; closed **October 22, 2026** - **10290 SW Tualatin Road**, Tualatin, OR; **9.3 acres** - **164** units; **38,347** mini-storage RSF - **471** RV/vehicle spaces; **140,300** SF - Built **1978**; family-operated brand since **1958** - Seller tenure since **1989** (business trusts) - Buyer: **Glacier West Self Storage**; broker: **Marcus & Millichap** (Secreto / Tabata) - Planned: upgrades, rebrand, professional management --- ## Hybrid Assets Still Trade on Acreage Tote 'N Stow is not a climate-controlled infill box. It is **nine acres** of **RV moat** wrapped in a **mini-storage** brand locals trust. Glacier West paid **$12.075 million** because Portland suburbs rarely throw off **471** vehicle stalls on one deed. If you own **vehicle-heavy** storage in land-scarce metros, October **2026** comps say buyers will pay for **coverage and acreage**, not just **ECRI history**. Get your stall counts, wait lists, and roof capex on paper before you call a broker. --- ## Sources - [Marcus & Millichap Facilitates $12.08 Million Sale of Tote 'N Stow in Tualatin, Oregon](https://www.marcusmillichap.com/news-events/press/2026/10/10-22-26-tote-n-stow), Marcus & Millichap, October 22, 2026 - [Glacier West Self Storage Oregon expansion announcement](https://www.linkedin.com/posts/glacier-west-self-storage_selfstorage-acquisition-tualatin-activity-7513632517892079616-4T0z), Glacier West Self Storage, October 2026 - [Self-Storage Real Estate Acquisitions and Sales: October 2026](https://www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-october-2026), Inside Self-Storage, October 20, 2026 - [Rogers Equity Storage Lion Oshkosh Acquisition](https://www.yourcaio.co/news/rogers-equity-storage-lion-oshkosh-acquisition-october-2026), Your CAIO, October 2026 - [Public Storage Colorado iBox Aurora Fort Collins](https://www.yourcaio.co/news/public-storage-colorado-ibox-aurora-fort-collins-october-2026), Your CAIO, October 2026 ## Frequently Asked Questions ### What did Tote 'N Stow sell for in October 2026? Marcus & Millichap reported a $12.075 million sale of Tote 'N Stow on October 22, 2026. The RV, vehicle parking, and mini-storage facility at 10290 SW Tualatin Road totals 178,647 square feet on 9.3 acres in Tualatin, Oregon, roughly 15 miles south of downtown Portland. ### Who bought Tote 'N Stow in Tualatin? Glacier West Self Storage acquired Tote 'N Stow, announcing the Oregon expansion on LinkedIn in early October 2026. Marcus & Millichap described the buyer as an out-of-state regional investment group in its October 22 press release and noted plans to upgrade, rebrand, and introduce professional management. ### How much RV and vehicle storage does the Tualatin property include? The campus offers 471 covered and uncovered RV and vehicle parking spaces totaling 140,300 square feet, alongside 164 mini-storage units with 38,347 rentable square feet, per Marcus & Millichap's October 22, 2026 announcement. ### Why did brokers highlight land value on the Tote 'N Stow sale? Chris Secreto of Marcus & Millichap said sellers owned the asset since 1989 and that acquiring more than nine acres in a densely developed, upper-income suburban market is increasingly rare, making the site a long-term covered land investment in addition to cash-flowing storage and parking income. ### How does this deal compare to other October 2026 storage trades? The Tualatin price equals about $68 per total square foot on 178,647 square feet, blending low-density mini storage with high-count vehicle stalls. It contrasts with smaller infill trades such as Public Storage's Camas, Washington, acquisition and hybrid Midwest portfolios like Rogers Equity's Oshkosh, Wisconsin, Storage Lion purchase logged the same month. --- Cite as: David Cartolano, "Glacier West Pays $12.075 Million for Tote 'N Stow, a 9.3-Acre RV and Mini-Storage Campus in Tualatin, Oregon," YourCAIO.co, 2026-11-01, https://www.yourcaio.co/news/glacier-west-tote-n-stow-12-million-tualatin-october-2026