SAN FRANCISCO, California | 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 Self Storage of Vacaville, a storage facility located in Vacaville, California.
Dean Trammell, Associate Director Investments, in Marcus & Millichap’s San Francisco office, and Adam Schlosser, Senior Managing Director, in the firm’s Denver office, represented the seller, The Claremont Companies, a family run real estate development office. “Self Storage of Vacaville offered an impressive combination of top-tier construction, meticulous upkeep, and a prime location in a fast-growing market. These qualities drove strong buyer demand and a highly competitive process. The alignment and professionalism on both sides made for a seamless and successful transaction,” said Trammell. Marcus & Millichap also procured the buyer, Westport Properties, a privately held real estate investment and development company out of Southern California. Tony Solomon, Senior Vice President and District Manager of the firm’s Los Angeles offices, served as the broker of record.
“Self Storage of Vacaville offered an impressive combination of top-tier construction, meticulous upkeep, and a prime location in a fast-growing market. These qualities drove strong buyer demand and a highly competitive process. The alignment and professionalism on both sides made for a seamless and successful transaction.”
Situated on approximately 5.37 acres of land, Self Storage of Vacaville was originally constructed in 2018 and expanded in 2019. The facility has many amenities including electronic gated entry with a digital keypad, a large institutional style leasing office with retail, and security monitor display with 24/7 video surveillance throughout the facility. It includes concrete driveways and metal roll-up doors throughout.
Also Appeared In // Inside Self Storage, REBusinessOnline