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Marcus & Millichap negotiates sale of 57,050-square-foot self-storage space in Beach Park

June 13, 2024
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Photo courtesy of Marcus & Millichap.

Marcus & Millichap arranged the sale of Self Storage of Beach Park, a 57,050-square-foot self-storage property in Beach Park, Illinois.

Sean M. Delaney, senior managing director investments, marketed the property for the seller, a limited liability company. The buyer, Extra Space Storage, was also secured by Delaney.

Delivered in 2021, the property offers 197 non-climate-controlled and 250 climate-controlled units in three single story buildings. From June 2022 Self Storage of Beach Park experienced an average monthly revenue growth of 4.28%.

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