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Marcus & Millichap Sells $4.7 Million Self-Storage Facility

October 23, 2023

BRADENTON, Fla., Oct. 23, 2023 – 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 Lakewood Ranch RV & Boat Storage in Bradenton, Florida. The property sold for $4,700,000. 

"This transaction demonstrates the continued demand for recreational storage sites in Florida,” says Hunter Robey, associate. “We were able to procure multiple offers for the seller and ultimately orchestrated a deal with the strongest buyer.” 

Robey, Chris Travis, and Jack Kaiser, investment specialists in Marcus & Millichap’s Tampa office, represented the transaction of Lakewood Ranch RV & Boat Storage.  

Situated at 14875 Rangeland Parkway, this RV & Boat Storage spans 4.68 acres and features 270 units, serving the Bradenton, Palmetto, and Sarasota areas.

 

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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, 2023, the company had 1,783 investment sales and financing professionals in over 80 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 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.

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