Marcus & Millichap Real Estate Investment Services of North Carolina, Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Greensboro Self Storage, a 17,550-square-foot self-storage facility located in Greensboro, Maryland, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.
Nathan Coe, Brett Hatcher and Gabriel 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.The buyer, a limited liability company, was also secured by Coe, Coe and Hatcher. Brian Hosey, Maryland Broker of Record, assisted in closing this transaction.
“This was a great process with strong interest and multiple competitive offers,” said Nathan Coe, the lead agent involved. “Even with the market getting more challenging, we are still seeing strong demand for self-storage offerings of all sizes and expect to see a continuation in buyer demand.”
Greensboro Self Storage is located in Greensboro, Maryland. The property features 146 non-climate-controlled units totaling 17,550 net rentable square feet. This is a stabilized facility with upside through future expansion.
About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
