Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Barracuda Boat & RV Storage, a 36,720-square foot self-storage located in Gainesville, FL, according to Michael L. Glass, regional manager of the firm’s Columbus office. The asset sold for $2,300,000.
Nathan Coe, Brett 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, and fielded multiple offers throughout the process. Broker of Record, Kirk Felici, assisted in closing this transaction.
Barracuda Boat & RV Storage is located at 6401 Northwest 120th Lane in Gainesville, FL. The facility was renovated in 2007 and had a mix of traditional self-storage units, covered boat and RV spaces and outdoor vehicle storage.
About Marcus & Millichap (NYSE: MMI)
With over 1,700 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 over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company 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