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Marcus & Millichap Announces the Sale of a Two Property Self-Storage Portfolio in Jonestown, Pennsylvania

March 13, 2023

JONESTOWN, Pennsylvania, March 13, 2023 – Marcus & Millichap Real Estate Investment Services of Seattle, Inc.(NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Jonestown, PA Two Property Portfolio, a 42,380-square-foot self-storage portfolio located in Jonestown, Pennsylvania.

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, a limited liability company. Sean Beuche, Pennsylvania Broker of Record, assisted in closing this transaction.

“We are excited to close another Pennsylvania storage portfolio in a challenging market,” said Luke Dawley, the lead agent involved. “We were able to work through many different issues that came up during the process ultimately creating a win-win situation for both buyer and seller.”

Jonestown, PA Two Property Portfolio is located at about 23 miles northeast of Harrisburg in Jonestown, Pennsylvania. The two stabilized, cash-flowing facilities feature a combined 266 non-climate-controlled self-storage units totaling 42,380 net rentable square feet. Both facilities are recently renovated and are located only one and a half miles apart from each other.


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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

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