Marcus & Millichap brokered the sale of a 73,263-square-foot self-storage facility in Austin, Texas.
Brian Kelly, Brett R. Hatcher, Gabriel Coe and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus, Ohio, office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Tim Speck, Texas Broker of Record, assisted in closing this transaction.
The storage facility is located about six-and-a-half miles south of downtown Austin. Once built, this self-storage development will feature 786 units which will make up 73,263 net rentable square feet. It will be situated on 3.52 acres of land and will benefit from excellent street visibility.