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 Bear Creek Boat & RV Storage, a 103,872 net rentable square foot boat and RV storage facility located in Houston, Texas.
Dave Knobler, Senior Managing Director Investments in Marcus & Millichap’s Houston, Texas office, and Charles “Chico” LeClaire, Executive Managing Director Investments in the Denver, Colorado office, had the exclusive listing to market the property on behalf of the Seller. “Much of the Bear Creek area of West Houston is fundamentally good real estate and the high incomes, dense population and solid visibility makes it a homerun for a boat & RV storage operator,” said Knobler. “Being able to obtain multiple offers and run a competitive process created a good opportunity for the Seller as well.” The Buyer was also secured by Knobler and LeClaire.
“Much of the Bear Creek area of West Houston is fundamentally good real estate and the high incomes, dense population and solid visibility makes it a homerun for a boat & RV storage operator. Being able to obtain multiple offers and run a competitive process created a good opportunity for the Seller as well.”
The property sits on four parcels that encompass approximately 10.7 acres of land and was constructed in phases between 1991 and 2012. Bear Creek Boat & RV Storage has 11 single-story buildings and 157 outdoor parking spaces. The facility has amenities including but not limited to, video surveillance throughout the property, an entrance gate with a digital keycode access, swing doors, and crushed concrete driveways.