News

The Hatcher Group Sells EZ Storage in Wayne, MI

Posted: 7/20/2017
Share: print this article   Email A Friend   Share with Twitter   Share with Facebook   Share with LinkedIn   Share with Pinterest  

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of EZ Storage, an institutional grade self storage asset with 68,840-net rentable square feet throughout 588 units.

Located in Wayne, MI with a five-mile radius population of over 200,000, the facility was sold at a 6.99% cap rate and offers additional room for expansion. 

About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: MarcusMillichap.com

Contact Us!