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 Durant Six Property Portfolio, a six property self-storage portfolio located across Durant and Cartwright, Oklahoma. The asset has 1,195 units and 224,359 net rentable square feet.

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 Oklahoma-based LLC.  Dave Knobler had this to say about the transaction, “Part of the process in accomplishing the sale was conveying to the market the importance of Durant in the overall Oklahoma economy. Between the impact of the Choctaw Nation and the northward sprawl of Greater DFW, Durant has a lot to offer for prospective investors.”  The buyer is a Nevada corporation. Tim Speck, Executive Managing Director for the firm’s Southwest, Northwest & Mountain Divisions, served as the broker of record for the transaction.

“Part of the process in accomplishing the sale was conveying to the market the importance of Durant in the overall Oklahoma economy. Between the impact of the Choctaw Nation and the northward sprawl of Greater DFW, Durant has a lot to offer for prospective investors.”

The Durant Six Property Portfolio has locations at 2502 N 1st Ave, 4415 W Main St, 3717 N 1st Ave, 3702 N 1st Avenue, and 200 Gerlach Dr in Durant, and 394 Boat Club Rd in Cartwright.