TWIN FALLS, ID | Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the closing of Muni Storage, a 135,445-square foot self-storage located in Twin Falls, Idaho.
Jordan Farrer, Senior Investment Associate, in the firm’s Salt Lake City office, and Adam Schlosser, Senior Vice President Investments, in Marcus & Millichap’s Denver office represented the Buyer. “We were fortunate to be contacted by Curtis Cluff of Cushman’s Boise office to partner on this transaction. The Seller had a specific number in mind and turned to our buyer network to achieve that goal. We had recently closed a deal in a comparable market with Storage Star and were confident in their ability to execute. The Buyer performed at an extremely high level and closed ahead of schedule.” For more deal information, please contact Jordan Farrer.
“The Seller had a specific number in mind and turned to our buyer network to achieve that goal. We had recently closed a deal in a comparable market with Storage Star and were confident in their ability to execute. The Buyer performed at an extremely high level and closed ahead of schedule.”
Muni Storage is located at 485 Grandview Drive in Twin Falls, Idaho. The property was constructed in phases in 2009 and 2019 and features a professional leasing office, 881 storage units, and 97 RV spaces and room for expansion. The seller was represented by Curtis Cluff of Cushman and Wakefield.
