Marcus & Millichap : Announces the Sale of Storage Mart, a 34,980-Square-Foot Self-Storage Property in Kansas
July 31, 2023 at 12:30 pm
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Marcus & Millichap Announces the Sale of Storage Mart, a 34,980-Square-Foot Self-Storage Property in Kansas
July 31, 2023
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SALINA, Kansas, July 31, 2023 - Marcus & Millichap Real Estate Services of Kansas, Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Storage Mart, a 34,980-square-foot self-storage facility located in Salina, Kansas.
Gabriel Coe, Brett R. Hatcher, and Nathan Coe, investment specialists in Marcus & Millichap's Columbus office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Colby Haugness, Kansas Broker of Record, assisted in closing this transaction.
"This was sold to an out-of-state buyer with multiple competing offers," said Gabriel Coe, the lead agent involved.
Storage Mart is located in the heart of Kansas about 105 miles west of Topeka and 75 miles north of Wichita in Salina, Kansas. This facility was built in 2009 and currently features 33 non-climate-controlled units that are 100 percent physically occupied. Storage Mart is situated on 5.03 acres of land and benefits from excellent street frontage.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 16:29:04 UTC.
Marcus & Millichap, Inc. is a brokerage company. The Company is specialized in commercial real estate investment sales, financing services, research, and advisory services. The Company also offers market research, consulting, and advisory services to its clients. The Company offers services to its clients by underwriting, marketing, selling, and financing commercial real estate properties in a manner that maximizes value for sellers, provides buyers with a diverse inventory of commercial properties, and secures competitive financing from lenders for borrowers. The Company divides its commercial real estate into four market segments: properties, private client market, middle market, and larger transaction market. The Company serves clients with one property, multiple properties, and large investment portfolios. The Companyâs investment brokerage and financing professionals serve private clients within the private client market segment.