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Marcus & Millichap Arranges the Sale of A Three Property Self-Storage Portfolio

November 11, 2022

SAN ANTONIO, TEXAS, November 11, 2022 – 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 three self-storage properties located in San Antonio, Texas, according to Bruce E. Bentley III, regional manager of the firm’s San Antonio office.

Jon Danklefs, an investment specialist in Marcus & Millichap’s San Antonio office, had the exclusive listings to market the properties on behalf of the sellers, three separate limited liability companies. Each property was purchased by separate buyers.

The three properties consisted of Comal Ridge Self Storage located at 23995 Bat Cave Rd, San Antonio, TX, Garden Ridge Self Storage located at 22480 FM 3009, San Antonio, TX, and Palo Alto Self Storage located at 9018 Poteet Jourdanton Fwy Acc Rd, San Antonio, TX. The three facilities combined for 650 units and 89,815 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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