SALT LAKE CITY, UT  | 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 24-7 Automated Storage, a 29,900 square foot storage facility located in Henderson, Nevada.

Jordan Farrer, First Vice President of Investments, in the firm’s Salt Lake City office, represented the seller, a regional self-storage investment company.  Jordan Farrer had this to say about the deal, “This transaction highlights the investor focus on quality, growing markets, and assets that provide clear paths to returns. Henderson is a high growth market with a limited supply pipeline, positioning this asset well for the future. The size of the asset attracted both private and institutional investors, ultimately being acquired by a national owner.” Marcus & Millichap also procured the buyer.

“This transaction highlights the investor focus on quality, growing markets, and assets that provide clear paths to returns. Henderson is a high growth market with a limited supply pipeline, positioning this asset well for the future. The size of the asset attracted both private and institutional investors, ultimately being acquired by a national owner.”

24-7 Automated Storage Henderson is a 230-unit self-storage facility located in Henderson, Nevada. The property sits on approximately 1.51 acres of land and contains nine single-story self-storage buildings with all units drive-up accessible. 24-7 Automated Storage has many amenities including electronic gated entry with a digital keypad, a professional leasing office, kiosk, and video surveillance throughout the facility, asphalt driveways, and metal roll-up doors throughout.