173 Storage in Denton, Texas, was sold to a private investor. The property at 3985 FM 1173 consists of two parcels totaling 4.44 acres. Built in 2003 and expanded in 2015, it comprises 53,410 square feet of storage space in 327 units. It also contains 28 uncovered vehicle-parking spaces. The buyer and the seller, also a private investor, were represented in the transaction by Danny Cunningham, senior associate, and Brandon Karr, first vice president of investments, in the Marcus & Millichap Fort Worth, Texas, 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.