CRE V Michigan

Marcus & Millichap sells 38,000-square-foot self-storage facility in Michigan

Marcus & Millichap closed the sale of Savoie Self Serve Storage, a 38,580-square-foot self-storage facility on a nine-acre parcel in Clarkston, Michigan.

The facility has excellent frontage on Dixie Highway, a heavily travelled thoroughfare in the area, and is on a signalized corner across from a Kroger anchored retail center.

Thomas Berlin and Zachary Munce, self storage investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Thomas Berlin and Zachary Munce. The sale price was not disclosed.