Marcus & Millichap : Arranges the Sale of a 111,360-Square-Foot Self-Storage Facility in Colorado Springs, Colorado
Marcus & Millichap : Arranges the Sale of a 111,360-Square-Foot Self-Storage Facility in Colorado Springs, Colorado Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of BuxBear Storage, a 111,360 square-foot self-storage facility located in Colorado Springs, Colorado, according to Grant Fitzgerald, regional manager of the firm's Columbus office. Brett R. Hatcher, the lead agent on the transaction said the following, "We put the deal in contract within one week with multiple back up offers which goes to show the immense demand for quality storage assets that are in growing markets." BuxBear Storage Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate.
Published : 2 years ago by MarketScreener in Finance Markets
COLORADO SPRINGS, Colorado, August 23, 2022 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of BuxBear Storage, a 111,360 square-foot self-storage facility located in Colorado Springs, Colorado, according to Grant Fitzgerald, regional manager of the firm's Columbus office.
Brett R. Hatcher, Gabriel Coe and Nathan 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. Adam Lewis, Colorado Broker of Record, assisted in closing this transaction. Brett R. Hatcher, the lead agent on the transaction said the following, "We put the deal in contract within one week with multiple back up offers which goes to show the immense demand for quality storage assets that are in growing markets."
BuxBear Storage is located in Colorado Springs, Colorado. The facility features 466 climate-controlled units and 139 non-climate-controlled units totaling 111,360 net rentable square feet. The property also features self-service kiosks for customers and an on-site live-in professional management office.
About Marcus & Millichap (NYSE: MMI) Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
Topics: Colorado, Colorado Springs