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Marcus & Millichap Arranges the Sale of a 71,426-Square-Foot Self-Storage Facility in Greencastle, Pennsylvania

December 21, 2021

Greencastle, Pennsylvania, December 21, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of A-1 Greencastle Self Storage, a 71,426-square-foot self-storage facility located in Greencastle, Pennsylvania, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.

Luke Dawley, Nathan Coe, Brett R. 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. Sean Beuche (2005 Market Street, Ste 1510, Pennsylvania, PA 19103, Phone: (215) 531-7000), Pennsylvania Broker of Record, assisted in closing this transaction. Luke Dawley, the lead agent, said, “I was extremely happy to help facilitate a smooth transaction and a strong price for both buyer and seller on A-1 Greencastle Self Storage. The buyers acquired a large, very well managed facility with tremendous upside.”

A-1 Greencastle Self Storage is located in Greencastle, Pennsylvania near the Maryland border. The facility consists of 365 non-climate-controlled units, 10 climate-controlled units, 17 parking spaces, one billboard, one commercial space in the main building, and two commercial spaces in the second warehouse totaling 71,426 net rentable square feet.

 

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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.

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