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 Right Move Storage, a 44,325 square foot storage asset located in Houston, Texas.
Dave Knobler, Senior Managing Director Investments, and Mixson Staffel, Investment Associate, 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 LLC. Dave Knobler had this to say about the opportunity, “The property sits in one of the most densely populated trade areas of Houston which led to a competitive bid process. We received offers from some of the most active buyers in the current market.” The buyer is a Florida-based LLC.
“The property sits in one of the most densely populated trade areas of Houston which led to a competitive bid process. We received offers from some of the most active buyers in the current market.”
Right Move Storage sits on 2.54 acres with five metal-framed single-story buildings consisting of 367 units which include 342 non-climate storage units and 25 outdoor parking spaces along the perimeter of the property. The facility was built in 1985 and has numerous amenities including, but not limited to, roll-up doors, concrete driveways, perimeter wrought iron fencing, and a full-service onsite managers office and residence.