Joint Venture to Build Self-Storage Facility as Part of Master Community Near Bonney Lake, WA

A joint venture between landscaping contractor Carl J. Sanders Construction Inc. and building contractor Kahne Corp. has purchased an 8-acre parcel in the Tehaleh development near Bonney Lake, Wash., on which they plan to build a 100,000-square-foot self-storage facility. The asset will include climate-controlled units and covered spaces for boat/RV storage, according to a press release. The partnership is scheduled to break ground this month and expects to complete the project by year’s end.

A joint venture between landscaping contractor Carl J. Sanders Construction Inc. and building contractor Kahne Corp. has purchased an 8-acre parcel in the Tehaleh development near Bonney Lake, Wash., on which they plan to build a 100,000-square-foot self-storage facility. The asset will include climate-controlled units and covered spaces for boat/RV storage, according to a press release. The partnership is scheduled to break ground this month and expects to complete the project by year’s end.

The self-storage project will be the third commercial development in the “employment-based master-planned community,” joining a coffee shop and restaurant. Tehaleh is a 4,700-acre community being developed by American Newland Communities LP and North America Sekisui House LLC (NASH). When complete, it’ll include up to 9,700 homes and a 419-acre employment center with 3.9 million square feet of commercial and retail use, the release stated. It’ll also feature more than 1,800 acres of parks, trails and open space.

“We’re thrilled to join the thriving Tehaleh community,” said Kelly Kahne, owner of Kahne Corp. “As an Enumclaw, Wash.-based business, we’re local through and through, and we can’t wait to bring top-quality storage and service to Tehaleh.”

The storage facility will be built at 198th Avenue E. and Cascadia Boulevard, south of the community’s entry roundabout, according to the source.

“Through ongoing research and understanding the long-term needs for the community, adding the Kahne Corp. to Tehaleh makes perfect sense, and we look forward to thoughtfully growing the commercial side of the community,” said Scott Jones, senior vice president and division manager for Newland Communities, which serves as the larger project’s master developer. “This is the next step in an exciting journey, where businesses offer residents everything they want in one place, while preserving the unique outdoor lifestyle that is so popular at Tehaleh.”

Tehaleh is owned by American Newland and NASH through a joint venture. The partnership has more than 30 assets in 11 states. Newland Communities is the development arm of American Newland, while NASH is a U.S.-based subsidiary of Sekisui House Ltd., a Japan-based homebuilder and developer.

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