HOUSTON, Texas | 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 Reliant Storage, a 34,685 square foot storage asset located in Portland, Texas, a northern suburb of Corpus Christi.

Dave Knobler, Senior Managing Director Investments, and Mixson Staffel, Associate Director Investments, in Marcus & Millichap’s Houston, Texas office, along with Charles “Chico” LeClaire, Executive Managing Director Investments in the Denver, Colorado office, marketed the property on behalf of the seller, a Texas-based company and the original property developer.  Dave Knobler had this to say about the transaction, “It was a great result for the seller, and our team is proud to have helped play a part in such a successful exit. The buyer now has a high quality, well positioned asset that will allow them to capitalize on the economic boom that Portland will be experiencing for years to come.”  The buyer, also procured by Knobler, Staffel and LeClaire, is a Texas-based LLC.

“It was a great result for the seller, and our team is proud to have helped play a part in such a successful exit. The buyer now has a high quality, well positioned asset that will allow them to capitalize on the economic boom that Portland will be experiencing for years to come.”

Reliant Storage fronts on US Highway 181 which is the only direct route from Portland to Corpus Christi and the main corridor of Portland. The property sits on about 2.62 acres of land and has two single-story climate-controlled buildings consisting of 330 total units. The facility has numerous amenities including, but not limited to, video surveillance throughout the property, buildings with key code access, roll-up doors, asphalt driveways, and a full-service onsite manager’s office.