Marcus & Millichap brokered the sale of CubeSmart (Managed) Self Storage, a 115,240-square-foot self-storage facility in San Antonio.
Jon Danklefs, investment specialist in Marcus & Millichap’s San Antonio office, exclusively marketed the property on behalf of the seller, a New Jersey-based limited liability company, and procured the buyer, Public Storage.
The property is located at 7930 S.W. Loop 410. Built in 2023, the Class A self-storage facility totals 645 units on 10.66 acres. The property was approximately 89% occupied at the time of sale and benefits from more than 500 feet of frontage along Loop 410, with visibility to almost 60,000 vehicles per day. The property will be rebranded as Public Storage following the acquisition.
