CRE i Ohio

Marcus & Millichap closes sale of self-storage facility in Michigan

Marcus & Millichap Real Estate Investment Services recently closed the sale of Silver Lake Self-Storage, a 90,300-square-foot self-storage facility property located in Fenton, Mich.

Marcus & Millichap Real Estate Investment Services recently closed the sale of Silver Lake Self-Storage, a 90,300-square-foot self-storage facility property located in Fenton, Mich.

Brett Hatcher, 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.  The buyer, also a limited liability company, was also secured and represented by Hatcher.  Broker Jonathan Dwoskin assisted in closing this transaction.

Hatcher Said, “The transaction was a perfect fit for both the buyer and seller.  It gave the seller the opportunity to pursue other ventures while allowing the buyer to continue to grow its presence in the Michigan market.”