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 BinTris Moving & Self Storage, a four-property portfolio located in Saint Joseph, Benton Harbor and Coloma, Michigan.
The portfolio consists of 127,800 net rentable square feet throughout 906 units and sold at a 7.18% cap rate.
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