Marcus & Millichap ARRANGES THE SALE OF a 52,015-square foot SELF-STORAGE facility

Posted by Poppy Behrens on Jun 26, 2015 12:00:00 AM

Marcus & Millichap ARRANGES THE SALE OF a 52,015-square foot SELF-STORAGE facility

FORT WORTH, TEXAS, June 26, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Safe & Secure Self-Storage, a 52,015-square foot self-storage facility located in Fort Worth, Texas, according to Hernando Perez, Sales Manager of the firm’s Fort Worth office.

Brandon Karr, Vice President Investments and Danny Cunningham, Associate in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a private investor, was also secured by Mr.  Cunningham and Mr. Karr.

Safe & Secure Self-Storage is located at 8500 South Hulen Street in Fort Worth, Texas.  The facility rests on 3.28 acres of land, was built in 2004 and features an on-site manager’s residence, climate-controlled units, garage-style roll up doors, personalized key-pad gated entry, video surveillance, perimeter fencing & lighting and wide concrete driveways.

The property is comprised of 182 interior climate-controlled units, 242 drive up storage units, 5 covered parking spaces and 21 uncovered parking spaces.

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About Marcus & Millichap (NYSE: MMI)

With nearly 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: