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 Advantage Storage, a 95,825-square-foot self-storage facility located in Arlington, Texas, according to Grant Fitzgerald, Associate Regional Manager of the firm’s Columbus office.

Brett R. Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller. Tim Speck, Division Manager and Broker of Record, assisted in closing this transaction.

Advantage Storage is located at 1040 West Sublett Road in Arlington, Texas. It is a brand new, class A facility that features 469 climate-controlled units, 302 non-climate units, and four warehouse spaces, totaling 95,825 net rentable square feet. The deal garnered strong interest from a variety of buyers and Brett Hatcher, the lead broker on the deal, said “I am excited to get another lease-up deal done with such a strong buyer like Extra Space.”

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.