# Wildcat Storage in Tooele, Utah, Sold in an Off-Market July 2026 Transaction: 61,115 Square Feet, 531 Units, and 39,720 SF of Vehicle Parking > Tooele, Utah, keeps drawing storage capital. Wildcat Storage's 531-unit, off-market sale adds vehicle parking density that most suburban listings lack, in a market brokers say is seeing more investment activity. - URL: https://www.yourcaio.co/news/wildcat-storage-tooele-utah-off-market-sale-july-2026 - Published: 2026-07-24 - Author: David Cartolano (https://www.yourcaio.co/about) - Category: Acquisitions - Tags: Wildcat Storage, Tooele Utah, Marcus & Millichap, Off-Market, Vehicle Storage - Source: [Inside Self-Storage / Marcus & Millichap](https://www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-july-2026) ## Key Takeaways - Wildcat Storage at 427 E. Cimmarron Way in Tooele, Utah, sold in an off-market transaction reported in July 2026, per Inside Self-Storage's monthly acquisitions roundup and a July 13 broker post from Marcus & Millichap's Jordan Farrer. - The facility comprises 61,115 net rentable square feet in 531 storage units plus 39,720 square feet of vehicle-storage parking, giving the buyer both traditional and RV/boat capacity in the Salt Lake City metro's western growth corridor. - Marcus & Millichap managing director Jordan Farrer represented the seller in the off-market trade. Financial terms were not publicly disclosed. - Tooele sits in Utah's high-growth Wasatch Front corridor, where brokers noted increased self-storage investment activity in July 2026 social posts following the closing. - The Wildcat sale appears in the same July 2026 deal cycle as [Public Storage's $10.5 billion NSA close](https://www.yourcaio.co/news/public-storage-nsa-merger-closes-july-22-2026) and regional trades like [SW Group's 122,000-square-foot Decatur, Texas, buy](https://www.yourcaio.co/news/list-self-storage-june-2-10-2026-deal-roundup-platform-growth), confirming mid-market volume below the REIT headlines. Wildcat Storage at 427 E. Cimmarron Way in Tooele, Utah, sold in an off-market transaction closed in July 2026, per Inside Self-Storage's monthly acquisitions roundup and a July 13 broker announcement from Marcus & Millichap's Jordan Farrer. The facility spans 61,115 net rentable square feet in 531 units plus 39,720 square feet of vehicle-storage parking. Financial terms were not disclosed. The specs tell the story: a mid-size suburban asset with meaningful RV and boat capacity in a Salt Lake City metro submarket where brokers say investment activity is picking up. --- ## What Changed Hands in Tooele? Inside Self-Storage's July 16, 2026 acquisitions report documented the Wildcat Storage trade alongside larger July headlines like [Public Storage's NSA close](https://www.yourcaio.co/news/public-storage-nsa-merger-closes-july-22-2026) and [Horizon Storage's Westchester conversion buy](https://www.yourcaio.co/news/horizon-storage-jefferson-valley-westchester-acquisition-june-2026). | Detail | Figure | |--------|--------| | Property | Wildcat Storage | | Address | 427 E. Cimmarron Way, Tooele, UT | | Net rentable SF (units) | 61,115 | | Storage units | 531 | | Vehicle-storage parking | 39,720 SF | | Transaction type | Off-market | | Broker (seller) | Jordan Farrer, Marcus & Millichap | | Sale price | Not disclosed | | Closing announced | July 13, 2026 | Tooele sits roughly 35 minutes southwest of downtown Salt Lake City along Interstate 80. The market benefits from Wasatch Front population growth without the entitlement friction of urban infill sites. --- ## Why Does the Vehicle Parking Component Matter? Most self-storage listings lead with climate-controlled unit counts. Wildcat's 39,720 square feet of vehicle-storage parking is the differentiator. RV and boat storage commands premium rents per square foot in markets where homeowners lack driveway space and municipalities restrict street parking for oversized vehicles. [Institutional capital has committed more than $2.5 billion to recreational storage platforms since 2021](https://www.yourcaio.co/news/rv-boat-storage-institutionalization-2026), but the majority of U.S. RV/boat capacity still sits at conventional self-storage sites with paved outdoor rows. A buyer acquiring 531 traditional units plus dedicated vehicle bays gets two revenue streams on one parcel: - **Interior and drive-up storage** for household and commercial tenants - **Outdoor vehicle parking** for RV, boat, and trailer customers paying monthly premiums That mix supports higher effective rent per acre than a standard drive-up-only facility of similar unit count. --- ## Who Brokered the Deal and What Did the Market Signal? Jordan Farrer, managing director of investments at Marcus & Millichap's LeClaire-Schlosser Group, represented the seller. Farrer announced the closing on LinkedIn July 13, 2026, with 57 reactions on the post. Commenters noted Tooele is "seeing more storage investment activity lately," per a July 14 reply on Farrer's announcement. Off-market trades do not generate the marketing exposure of auction listings, but broker social posts have become a reliable early signal for which secondary markets are heating up. Marcus & Millichap's July 2026 self-storage activity also included [NSA's $9.5 million Woodburn, Oregon, buy](https://www.yourcaio.co/news/nsa-woodburn-a-plus-self-storage-9-5-million-final-acquisition-july-2026), a [645-unit San Antonio Loop 410 CubeSmart-to-Public Storage trade](https://www.yourcaio.co/news/public-storage-san-antonio-645-unit-loop-410-july-2026), and [SW Group's Decatur, Texas, acquisition](https://www.yourcaio.co/news/list-self-storage-june-2-10-2026-deal-roundup-platform-growth). Wildcat sits in the middle of that deal-size spectrum. --- ## How Does Tooele Fit the July 2026 Acquisition Market? National headlines skew mega-cap. Local deal flow tells a different story. [Yardi Matrix reported national street rates fell 2.4% month-over-month in July 2026](https://www.yourcaio.co/news/yardi-matrix-july-2026-street-rates-occupancy-softening-2026) and surveyed occupancy slipped to 89.7%. Buyers are not ignoring those numbers. They are underwriting assets where vehicle storage, suburban population growth, or off-market pricing creates margin that coastal infill cannot match. The Wildcat buyer (undisclosed) acquired a stabilized suburban asset without a broker auction process. That usually means: - A relationship-driven sale between seller and buyer - Pricing that reflects vehicle parking income the public listing comps underweight - A hold-period thesis on Wasatch Front growth rather than a quick flip [SROA Capital's $750 million Fund X launch](https://www.yourcaio.co/news/sroa-capital-fund-x-750-million-july-2026) and [Space Shop's 297,000-square-foot development pipeline](https://www.yourcaio.co/news/space-shop-297000-sf-southeast-expansion-july-2026) show capital still deploying at scale. Wildcat confirms the mid-market lane is open too. --- ## What Should Buyers Look for in Utah Secondary Markets? Three underwriting checks apply beyond the Wildcat specs. **Vehicle parking permits and zoning:** Tooele's vehicle bays may operate under different municipal rules than interior units. Confirm current entitlements and any HOA or county restrictions on outdoor storage dimensions. **Salt Lake metro commute patterns:** Tooele's demand pool includes residents priced out of closer-in suburbs. Model drive-time capture from Herriman, South Jordan, and the I-80 industrial corridor, not just Tooele city limits. **Competition pipeline:** Utah has seen increased storage development along the Wasatch Front. Check Radius+ and local planning boards for entitled sites within a 5-mile radius before assuming Wildcat's vehicle parking premium is durable. --- ## The Numbers Worth Writing Down - **Property:** Wildcat Storage, Tooele, Utah - **Address:** 427 E. Cimmarron Way - **Net rentable SF (units):** 61,115 - **Storage units:** 531 - **Vehicle-storage parking:** 39,720 SF - **Transaction type:** Off-market - **Broker:** Jordan Farrer, Marcus & Millichap - **Closing announced:** July 13, 2026 - **ISS roundup date:** July 16, 2026 - **Sale price:** Not disclosed - **Metro context:** Salt Lake City / Wasatch Front --- ## Off-Market Still Moves the Middle Market The Wildcat Storage sale will not reset national cap rates. It does confirm what July 2026 deal flow looks like below the billion-dollar mergers: off-market trades, vehicle parking premiums, and regional platforms filling gaps REITs leave behind. Tooele is not Phoenix or Tampa. That is the point. Buyers who need 500-unit suburban assets with outdoor vehicle income are still finding product in secondary markets while [Public Storage digests 4,500 facilities](https://www.yourcaio.co/news/public-storage-nsa-merger-closes-july-22-2026) and [SmartStop tests Canadian management contracts](https://www.yourcaio.co/news/smartstop-aurora-ontario-canadian-third-party-management-july-2026). The mid-market is not frozen. It is just quieter. --- ## Sources - [Self-Storage Real Estate Acquisitions and Sales: July 2026](https://www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-july-2026), Inside Self-Storage - [Jordan Farrer Wildcat Storage Closing Announcement](https://www.linkedin.com/posts/jordanfarrer92_just-closed-wildcat-storage-tooele-in-an-activity-7482491825648345088-wNSx), Marcus & Millichap via LinkedIn - [Public Storage NSA Merger Closes July 22, 2026](https://www.yourcaio.co/news/public-storage-nsa-merger-closes-july-22-2026), Your Ciao News - [Yardi Matrix July 2026 Street Rates and Occupancy](https://www.yourcaio.co/news/yardi-matrix-july-2026-street-rates-occupancy-softening-2026), Your Ciao News - [RV and Boat Storage Institutionalization 2026](https://www.yourcaio.co/news/rv-boat-storage-institutionalization-2026), Your Ciao News ## Frequently Asked Questions ### When did Wildcat Storage in Tooele, Utah, sell? Marcus & Millichap broker Jordan Farrer announced the off-market closing on July 13, 2026, via LinkedIn. Inside Self-Storage included the transaction in its July 2026 acquisitions and sales roundup published July 16, 2026. The buyer and sale price were not publicly disclosed. ### How large is the Wildcat Storage facility in Tooele? Wildcat Storage at 427 E. Cimmarron Way comprises 61,115 net rentable square feet in 531 storage units plus 39,720 square feet of vehicle-storage parking, per Inside Self-Storage's July 2026 acquisitions report. ### Who brokered the Wildcat Storage sale? Jordan Farrer, managing director of investments at Marcus & Millichap's LeClaire-Schlosser Group, represented the seller in the off-market transaction. Farrer announced the closing on LinkedIn on July 13, 2026. ### Why are investors buying self-storage in Tooele, Utah? Tooele sits in the Salt Lake City metro's western growth corridor along the Wasatch Front, where population expansion and limited infill supply support storage demand. Brokers noted increased investment activity in the Tooele market following the July 2026 Wildcat closing. ### Was the Wildcat Storage sale price disclosed? No. Inside Self-Storage's July 2026 roundup and Marcus & Millichap's broker announcement confirmed the off-market transaction and property specifications but did not publish a sale price or buyer identity. --- Cite as: David Cartolano, "Wildcat Storage in Tooele, Utah, Sold in an Off-Market July 2026 Transaction: 61,115 Square Feet, 531 Units, and 39,720 SF of Vehicle Parking," YourCAIO.co, 2026-07-24, https://www.yourcaio.co/news/wildcat-storage-tooele-utah-off-market-sale-july-2026