BATON ROUGE, Louisiana | 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 Climate Control of Louisiana a self-storage facility located in Walker, Louisiana. The asset includes 348 units totaling 44,160 net rentable square feet.

Thomas Parsons, Senior Director Investments, Adam Schlosser, Senior Managing Director Investments, and Charles “Chico” LeClaire, Executive Managing Director Investments in Marcus & Millichap’s Denver, Colorado office, had the exclusive listing to market the property on behalf of the seller, a Baton Rouge investment group. Thomas Parsons had this to say about the deal, “This facility is mainly climate-controlled storage which rents for a 79% premium vs. non-climate which really helped drive buyer interest and value.”  Steve Greer, Associate Regional Manager of the firm’s Baton Rouge office, served as the broker of record for the transaction and represented the buyer, Crown Storage, LLC out of Mississippi.

“This facility is mainly climate-controlled storage which rents for a 79% premium vs. non-climate which really helped drive buyer interest and value.”

The Climate Control of Louisiana facility is located at 30525 Walker Road North in Walker, Louisiana.

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