ATLANTA, Georgia | 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 AC Self Storage, a 86,780 square foot storage facility located in Hiram, Georgia.

Keith Phillips, Director Investments, in Marcus & Millichap’s Encino, California office, and Adam Schlosser, Senior Managing Director Investments, Charles “Chico” LeClaire, Executive Managing Director Investments in the firm’s Denver, Colorado office, and Jordan Farrer, Managing Director Investments in the firm’s Salt Lake City office, had the exclusive listing to market the property on behalf of the seller, a local LLC.  “The buyer was simultaneously closing on two other assets in the market, and the addition of AC Storage allows for greater scale, efficiencies, and control of marketing pricing,” said Farrer.  The buyer was Checketts Development a real estate acquisition and development company headquartered in the greater Salt Lake City area specializing in the acquisition and development of opportunistic real estate. John Leonard, First Vice President and Regional Manager of the firm’s Atlanta office, served as the broker of record for the transaction.

“The buyer was simultaneously closing on two other assets in the market, and the addition of AC Storage allows for greater scale, efficiencies, and control of marketing pricing.”

AC Self Storage consists of 438 units and is situated on approximately 7.61 acres.  The facility was originally constructed in 2004, and features eight single-story buildings with 196 interior climate-controlled units, 205 non-climate drive-up units, 34 office suites, and a three surface parking spaces. The office/retail suites range in size from 10×20 to 20×30 and are complimented with paved parking spaces for tenants and visitors. An industry-standard leasing office features an ancillary retail display and is equipped with monitors linked to the facility’s security cameras.