Industrial V Michigan

Marcus & Millichap complete sale of two storage facilities in Michigan's Oakland County

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StorMax

Lake Orion Self Storage, a 38,400-square-foot self-storage facility located in Lake Orion, Michigan, and StorMax, a 9,150 square foot self-storage facility in Oxford, Michigan, have sold, according to Marcus & Millichap.

Lake Orion Self Storage, a 38,400-square-foot self-storage facility located in Lake Orion, Michigan, and StorMax, a 9,150 square foot self-storage facility in Oxford, Michigan, have sold, according to Marcus & Millichap.

Located in Oakland county, the two facilities offer a total of 292 indoor units plus a 3,600-square-foot single-tenant building with a variety of amenities including controlled entry systems, individual unit door alarms, video monitoring and high output, energy efficient exterior lighting fixtures.

Tom Berlin of Marcus & Millichap’s Detroit office, had the exclusive listing to market the properties on behalf of the sellers.  Berlin also procured the buyer for both facilities, a limited liability company.