Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Alsip Self Storage, a 96,725-square foot self-storage located in Alsip, IL, according to Steven D. Weinstock, Vice President / Regional Manager of the firm’s Chicago Oak Brook office.
Sean M. Delaney, Vice President Investments, Director – National Self Storage Group and part of The Mele Group, located in Marcus & Millichap’s Chicago Oak Brook, office had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, Sovran Acquisition LP, was also secured by Sean M. Delaney.
The property is located at 5253 West 111th Street in Alsip, IL, and will be rebranded as Uncle Bob’s Self Storage. The facility offers numerous amenities including, but not limited to, a professional on-site management office with a retail center, computerized digital gate access, 55 interior non-climate controlled units, video surveillance, perimeter fencing and security lighting. Paul Powell, Chief Investment Officer of Sovran Self Storage, commented, “This property is a solid addition to our Chicago portfolio. Our customers can expect significant upgrades to the property’s aesthetics and amenities consistent with the Uncle Bob’s brand.”
