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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent