HOUSTON, TX  | The LeClaire-Schlosser Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 1314 Mini Storage, a 33,620 square foot storage facility located in Porter, Texas.

Dave Knobler, Senior Managing Director Investments, and Charles “Chico” LeClaire, Executive Managing Director Investments in the Denver, Colorado office, marketed the property on behalf of the seller, a local individual.  Dave Knobler had this to say about the opportunity, “Wow, the thing that struck me was how competitive a battle it was for the winning buyer to get awarded the deal.”   He continued, “it took three rounds with a list of extremely qualified prospects to determine the winner and we worked to make sure we had a buyer that would not only provide a smooth closing, but also offer the best price and terms for our seller…mission accomplished.”  Knobler and LeClaire also procured the buyer, a Dallas-Fort Worth-based LLC.

“Wow, the thing that struck me was how competitive a battle it was for the winning buyer to get awarded the deal. It took three rounds with a list of extremely qualified prospects to determine the winner and we worked to make sure we had a buyer that would not only provide a smooth closing, but also offer the best price and terms for our seller…mission accomplished.”

1314 Mini Storage sits on approximately 2.91 acres of land, was initially constructed in phases between 1985 and 1992, and contains seven single-story self-storage buildings with drive-up units. The facility has many amenities including a gated entry with a digital keypad, a separate onsite management office in front of the entrance gate, 24/7 video surveillance throughout the facility, concrete driveways, and units with roll-up doors.