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 Maximum Storage, a 69,115 square-foot self storage facility located in Lansing, Michigan, according to Steven Chaben, regional manager of the firm’s Detroit office. The sale price was not disclosed.
Tom Berlin and Zach Munce, self storage investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of a Michigan based a private investor. The buyer, an out-of-state limited liability company, was also secured and represented by Zach Munce and Tom Berlin.
Maximum Storage is located at 5600 Aurelius Road in Lansing, Michigan. The facility contains 745 indoor storage units along with outdoor boat, trailer and RV storage on approximately five acres of land.