CRE V Michigan

Marcus & Millichap sells 419-unit self-storage facility in Michigan

Marcus & Millichap sells 419-unit self-storage facility in Michigan,ph01

Marcus & Millichap closed the sale of Weathervane Self Storage, a 54,462-net-rentable-square-foot self-storage facility in Richland, Michigan.

Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus 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 secured and represented by Hatcher and Coe, too. Steve Chaben, Regional Manager and Broker of Record in Michigan, assisted in closing this transaction.

Weathervane Self Storage is located at 7906 Gull Rd in Richland. The facility has a total of 419 units in 10 buildings on 8.2 acres of land.