Salt Lake City, UT | 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, announced the sale of Wildcat Storage, a 531-unit self-storage facility located at 427 East Cimmarron Way in Tooele, Utah.
Jordan Farrer, Managing Director Investments in the Salt Lake City office, represented the Seller in the transaction. The buyer acquired the property in an off-market transaction. “Our team has represented the owner in past transactions and was engaged to evaluate Wildcat Storage Tooele. Simultaneously, a buyer with an existing relationship with both us and the seller made an offer within our expected range. We were able to facilitate the sale directly with the buyer,” said Jordan Farrer.
“Our team has represented the owner in past transactions and was engaged to evaluate Wildcat Storage Tooele. Simultaneously, a buyer with an existing relationship with both us and the seller made an offer within our expected range. We were able to facilitate the sale directly with the buyer.”
Wildcat Storage offers gated entry with digital keypad access, professional on-site management, manager’s apartment video surveillance, and open RV/boat parking. The property comprises 531 units totaling 61,115 net rentable square feet of storage and an additional 39,720 square feet of parking.
The LeClaire-Schlosser Group of Marcus & Millichap specializes in the sale of self-storage properties nationwide. For more information on this transaction or other self-storage investment opportunities, contact the LeClaire-Schlosser Group.