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 & Moving Logistics, a 34,813-rentable-square foot self-storage facility located in Universal City (San Antonio), Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Brandon Karr, Vice President Investments and Danny Cunningham, Senior Associate in Marcus & Millichap’s Fort Worth office, exclusively marketed the property on behalf of the seller, a private investor. The buyer, a local investor was also secured by Mr. Karr and Mr. Cunningham.

Storage & Moving Logistics is located at 115 Villa Drive in Universal City, Texas. The subject property is situated on approximately 3.81 acres, was built in 1983, and features a newly renovated on-site manager's residence, perimeter fencing & lighting, personalized key-pad gated entry and 24-hour video surveillance. The property is comprised of 218 drive up units and 90 uncovered parking spaces.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.