Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of United Storage, a 20,960-square foot self-storage facility located in Pinehurst, TX, according to Ford Noe, Regional Manager of the firm’s Houston office.

Dave Knobler, First Vice President Investments, and Casey Kral, Associate, in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a private investor. “Despite it being a smaller asset, we had 145 investors inquire about the opportunity speaking to the demand of the area and self-storage in general,” said Knobler. “Pinehurst is an attractive growing area, and the asset made perfect sense for a local individual investor which is exactly who purchased it.” United Storage marked the 16th self-storage transaction that Knobler has sold in 2019 and second in Montgomery County in the past 90 days.

United Storage is located at 35615 Fm 149 Road in Pinehurst, Texas.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 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 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap 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.