Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Angel's Attic, a 38,685-square foot self-storage facility located in San Antonio, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.
Casey Kral and Dave Knobler, investment specialists in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a private investor who self-managed the asset and was looking to move into semi-retirement. “The Seller had shopped the property off-market for several months prior to our taking the assignment” said Knobler. “We executed on a marketing plan and received multiple offers within a 3 to 4 week span” The buyer, a California based LLC, was secured by Casey Kral and Dave Knobler as well.
Angel's Attic is located at 5601 Northwest Loop 410 in San Antonio, Texas. The property consists of 326 drive up non climate units and was built in 1973.
About Marcus & Millichap (NYSE: MMI)
With over 2,000 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 9,726 transactions in 2019 with a value of approximately $50 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.