 |
| Storage Banc self-storage portfolio, Arnold, MO |
ST. LOUIS, MO – Marcus & Millichap (NYSE: MMI), a
leading commercial real estate investment services firm with offices throughout
the United States and Canada, announced the sale of the Storage Banc
portfolio, a seven-property 404,578-net-rentable-square-foot self-storage
portfolio with approximately 110,000 gross rentable square feet of
climate-controlled warehouse space in suburban St. Louis, Mo.
The portfolio encompasses approximately 42.4 acres and
consists of 3,279 storage units and 224 outdoor parking spaces. The terms of
the sale were not released.
 |
| Sean Delaney |
Sean
Delaney, vice president investments in Marcus & Millichap’s Chicago Oak
Brook office, Brett Hatcher, senior associate in in the firm’s Columbus,
Ohio office, Chico LeClaire, senior vice president investments, and Adam
Schlosser, senior associate, both in Denver, represented the seller, a
local private entity.
 |
| Brett Hatcher |
The buyer is Sovran Self Storage Inc., a publicly traded
real estate investment trust that operates its facilities under the Uncle Bob’s
Self Storage® brand.
William Holman, senior associate in Marcus &
Millichap’s St. Louis office, is the firm’s broker of record in Missouri.
For a complete copy of the company’s news release, please
contact:
Gina Relva
Public Relations Manager
(925) 953-1716
No comments:
Post a Comment