Press Releases
Marcus & Millichap Arranges Sale of Two-Property Self-Storage Portfolio in Topeka, Kansas
September 16, 2025
TOPEKA, Kan., Sept. 15, 2025 – 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 two-property, 580-unit self-storage portfolio in Topeka, Kansas.
“This acquisition expands the buyer’s existing footprint in Kansas and adds two performing, stable assets to their portfolio,” said Sean Delaney, senior managing director investments. “The buyer has engaged KO Storage to manage the entire portfolio moving forward.”
Delaney, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, in association with Colby Haugness, Marcus & Millichap’s Kansas broker of record, had the exclusive listing to market the property on behalf of the seller, a Utah-based seller, and procured the buyer, a Pennsylvania-based owner.
The portfolio consists of 580 units across two facilities located less than five miles apart at 3200 S. Kansas Ave. and 235 S.W. Gage Blvd. Totaling 67,721 rentable square feet, the properties are 84% occupied and include climate-controlled and non-climate-controlled units, outdoor parking, and portable units.
“This acquisition expands the buyer’s existing footprint in Kansas and adds two performing, stable assets to their portfolio,” said Sean Delaney, senior managing director investments. “The buyer has engaged KO Storage to manage the entire portfolio moving forward.”
Delaney, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, in association with Colby Haugness, Marcus & Millichap’s Kansas broker of record, had the exclusive listing to market the property on behalf of the seller, a Utah-based seller, and procured the buyer, a Pennsylvania-based owner.
The portfolio consists of 580 units across two facilities located less than five miles apart at 3200 S. Kansas Ave. and 235 S.W. Gage Blvd. Totaling 67,721 rentable square feet, the properties are 84% occupied and include climate-controlled and non-climate-controlled units, outdoor parking, and portable units.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
