Brazos Moving and Storage in College Station, Texas, was sold to a foreign investor. The property at 17535 Highway 6 S. includes 477 units. The facility is new and not fully stabilized, according to a press release from Marcus & Millichap, which brokered the transaction. The buyer, a storage developer, and the seller, a storage owner owner, were represented by Dave Knobler, Senior Associate and Logan Miller, an Associate, both from the firm’s Houston office.
About Marcus & Millichap
Founded in 1971, Marcus & Millichap is a commercial-property investment firm with more than 1,500 investment professionals in offices throughout Canada and the United States. The firm closed more than 8,700 transactions in 2015 with a value of approximately $37.8 billion.