DENVER, CO | 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 Astrozon Self Storage, a 668-unit and 53,200 net rentable square foot self-storage property located in Colorado Springs, Colorado.
Charles “Chico” LeClaire, Executive Managing Director Investments, and Adam Schlosser, Senior Managing Director Investments, in Marcus & Millichap’s Denver, Colorado office, had the exclusive listing to market the property on behalf of the seller, a local limited liability company. “The owner had managed the facility for over two decades and was looking to spend more time with his family,” said LeClaire. “We continue to see strong interest in the self-storage product type as a whole and this transaction was no exception,” said Schlosser. The buyer, a privately held real estate investment company out of New York, was also secured by Adam Schlosser and Charles “Chico” LeClaire.
“We continue to see strong interest in the self-storage product type as a whole and this transaction was no exception.”
Astrozon Self Storage is located at 3710 Astrozon Boulevard in Colorado Springs. It is located in a dense residential area with easy access to both Hancock Express Way and S Academy Boulevard. The facility features single-story drive-up access across the entirety of the store with all metal buildings and standing seam metal roofs. There are also paved asphalt drives throughout the property.