Press Releases
Marcus & Millichap Arranges Sale of Greater Houston Five-Property Self-Storage Portfolio
August 18, 2026
HOUSTON, Aug. 18, 2026 — 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 the Greater Houston Five-Property Storage Portfolio, a 1,042-unit self-storage portfolio located in Brookshire, Pattison, Hockley and Waller, Texas.
“This portfolio sits directly in the path of one of the strongest growth corridors we track in the Houston market,” said Dave Knobler, senior managing director investments. “With Tesla, Amazon, Costco and H-E-B expanding nearby and more than 20 residential communities under development in the trade area, the opportunity for a more active ownership strategy was compelling. Attractive seller financing and more than 12 acres of expansion land helped position the portfolio for its next phase of growth.”
Knobler, Mixson Staffel and Charles “Chico” LeClaire, investment specialists in Marcus & Millichap's Houston office, represented the seller in the transaction.
The portfolio totals 1,042 storage units across five facilities in the western Houston metropolitan area, encompassing 148,745 rentable square feet. The assets include Royal Storage of Brookshire, Royal Storage of Pattison, Waller Storage Center, Waller Boat & RV Storage and Hockley Storage Center. In addition to traditional climate-controlled and non-climate-controlled storage units, the portfolio includes boat and RV parking and more than 12 acres of land for future expansion.
“This portfolio sits directly in the path of one of the strongest growth corridors we track in the Houston market,” said Dave Knobler, senior managing director investments. “With Tesla, Amazon, Costco and H-E-B expanding nearby and more than 20 residential communities under development in the trade area, the opportunity for a more active ownership strategy was compelling. Attractive seller financing and more than 12 acres of expansion land helped position the portfolio for its next phase of growth.”
Knobler, Mixson Staffel and Charles “Chico” LeClaire, investment specialists in Marcus & Millichap's Houston office, represented the seller in the transaction.
The portfolio totals 1,042 storage units across five facilities in the western Houston metropolitan area, encompassing 148,745 rentable square feet. The assets include Royal Storage of Brookshire, Royal Storage of Pattison, Waller Storage Center, Waller Boat & RV Storage and Hockley Storage Center. In addition to traditional climate-controlled and non-climate-controlled storage units, the portfolio includes boat and RV parking and more than 12 acres of land for future expansion.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
