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30665 Northwestern Highway Suite 100
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The Hatcher Storage Group Sells Best Public Storage in Rossville, GA

Date: 1/11/2019

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 Best Public Storage located in Rossville, Georgia (Chattanooga MSA).

Sold for $1.2 million at a 7.28% cap rate, the property offers 31,300 net rentable square feet and 208 units with 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