MINNEAPOLIS, MN | 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 Storage Loft, a 37,467 square foot mixed use historic warehouse located in Omaha, Nebraska.
Chris Kampmeyer, Investment Associate, and Jon Ruzicka, Broker of Record, both in Marcus & Millichap’s Minneapolis office and Adam Schlosser, Senior Vice President Investments, in the firm’s Denver office represented the Seller, a local LLC. “This property wasn’t all traditional storage but because of its location and operations, it has become a staple in the Downtown Omaha market,” says Kampmeyer. “With the property having more moving parts then a traditional storage property, it was great to have the Seller and Buyer come together and help get this thing across the finish line.” The Buyer was a private investor from the Northeast.
“This property wasn’t all traditional storage but because of its location and operations, it has become a staple in the Downtown Omaha market.”
Storage Loft is a mixed-use five story historic warehouse with 258 climate controlled units and 6,163 square feet of rentable office and retail space. The building was renovated in 2014 updating the historic building to code for its current use. Located in Omaha’s Old Market, this property thrives from being in a dense urban infill area surrounded by apartments and many attractions. The facility is located on a hard corner and sees 18,000 cars per day.