News: Brokerage

Marcus & Millichap arranges sale of 80,004 s/f

Evans Mills, NY Marcus & Millichap arranged the sale of Storage Made EZ, a 80,004 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.

Luke Dawley, Nathan Coe, Gabriel Coe and Brett Hatcher, investment specialists in the firm’s Columbus office, had the exclusive listing to market the property on behalf of the seller, and also found the buyer. Susan Bands, New York regional manager and broker of record, assisted in closing this deal. Storage Made EZ has 211 climate-controlled units, 370 non-climate-controlled units, and nine retail spaces.

The sale price was not disclosed.

Luke Dawley, the lead agent on the transaction, said, “I’m really happy for both the buyer and the seller here. We were able to achieve a win-win for both sides as the sellers got the price they wanted and the buyers are adding a great facility to their portfolio with upside.”

Storage Made EZ is located about 70 miles north of Syracuse, New York. This property features 211 climate-controlled units, 370 non-climate-controlled units, and nine retail spaces, totaling 80,004 net rentable square feet. The facility was built in 2006 and sits on 10.32 acres of land.

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