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 Advantage Climate Controlled Self Storage in Huntsville, AL.
The Class "A" facility offers 538 climate-controlled units throughout 76,283 net rentable square feet. Converted to self storage in 2008, Advantage Climate Controlled Self Storage is currently 85% physically occupied and sees a traffic count of 55,850 vehicles per day.
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