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The Hatcher Storage Group Sells Mustang Storage in Round Rock, TX

Posted: 1/4/2019
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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 Mustang Storage, a 723-unit self storage facility in Round Rock, Texas.

Purchased by GYS Development, the property offreed 161,590 net rentable square feet of storage and 236,912 net rentable square feet of covered boat and RV storage.  The Class A facility sold at a 4.99% 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

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