SALT LAKE CITY, Utah | 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 Pink Door Storage & RV, a 63,630 square foot storage facility located in Magna, Utah.

Jordan Farrer, Senior Director Investments, in the firm’s Salt Lake City office, and Adam Schlosser, Senior Managing Director, in the firm’s Denver office represented the seller, a local development partnership. Jordan Farrer shared, “Pink Door Storage is a great opportunity to capitalize on the rapid growth of Magna with one of the nicest assets in the market. Through a national marketing campaign and a competitive bidding process we were able to secure a highly qualified exchange buyer, who enters the state with this acquisition.” The buyer, Zoke Group, is a real estate company with diversified holdings throughout the Western United States. Matt Smith, President of Zoke Group, commented, “Jordan’s responsiveness, depth of knowledge, and resourcefulness in solving problems made working with him and The LeClaire-Schlosser Group team a truly exceptional experience. I’m genuinely impressed.”

“Jordan’s responsiveness, depth of knowledge, and resourcefulness in solving problems made working with him and The LeClaire-Schlosser Group team a truly exceptional experience. I’m genuinely impressed.”

Pink Door Storage & RV is a 445-unit self-storage facility located in Magna, Utah. The property sits on around 4.24 acres of land, was initially constructed in 2022, and contains seven single-story self-storage buildings with 220 drive-up units. Pink Door Storage & RV has many amenities including a gated entry with a digital keypad, a separate onsite management office in front of the entrance gate, 24/7 video surveillance throughout the facility, asphalt driveways, units with roll-up doors, and covered RV/boat parking.

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