Marcus & Millichap brokered the sale of HP Storage, a 59,935-square-foot self-storage property in Houston, Texas.
Dave Knobler, Charles LeClaire, Mixson Staffel and Adam Schlosser, investment specialists in Marcus & Millichap’s Houston and Denver offices, exclusively marketed the property on behalf of the seller, a Texas-based company and the original developer, and procured the buyer, a New York-based LLC.
The property, located on 6140 North Sam Houston Parkway, includes 314 units across five single-story buildings and one three-story building on approximately 4.53 acres. The unit mix consists of climate-controlled units, drive-up storage, container storage and flex office and retail spaces. Built in 2016, with an expansion completed in 2019, the facility features a loading dock, digital keypad entry, roll-up doors, elevator and perimeter fencing. The property has been rebranded and is now managed by CubeSmart.
