CRE V Michigan

Marcus & Millichap sells 547-unit self-storage facility in Michigan

Marcus & Millichap sells 547-unit self-storage facility,ph01

Marcus & Millichap sold EZ Storage, a 58,590-square-foot self-storage facility in Utica, Michigan.

Brett Hatcher adn Gabriel Coe, 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, a limited liability company, was secured and represented by Hatcher and Coe, too.

Steve Chaben, regional manager and broker of record, assisted in closing this transaction.

EZ Storage is located at 12700 E. Utica Park Blvd. in Utica. There are 547 units with a mix of climate- and non-climate-controlled units. The facility is 89 percent physically occupied.