ENCINO, CA | 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 Banning Mini Storage, a 22,027 square foot storage facility located in Banning, California.
Keith Phillips, Investment Associate, in Marcus & Millichap’s Encino, California office, and Adam Schlosser, Senior Vice President Investments, in the firm’s Denver, Colorado office, had the exclusive listing to market the property on behalf of the Seller, a California-based LLC. “This was a family-built and operated facility for over 45 years,” said Phillips. “Retirement is well deserved!”
“This was a family-built and operated facility for over 45 years. Retirement is well deserved!”
Banning Mini Storage consists of 110 units with a prime location with visibility from I-10, a major interstate, as well as being positioned on Ramsey Street, the main thoroughfare. Major retailers located nearby include Starbucks, McDonalds, Dollar General and Walgreens to name a few.