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 Lake City Self Storage, a 18,000-square-foot self-storage located in Lake City, FL, according to Michael L. Glass, regional manager of the firm’s Columbus office. The asset sold at full list price for $500,000.

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, a limited liability company. The buyer, a limited liability company, was also secured and represented by Nathan Coe, Brett Hatcher and Gabriel Coe. Ryan Nee, Regional Manager, Broker, at our Fort Lauderdale office, assisted in closing this transaction.

Lake City Self Storage is located at 1143 NW Lake Jeffery Road in Lake City, FL. The facility has 126 units with room to expand.

About Marcus & Millichap (NYSE: MMI)

With over 1,800 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 2017 with a value of approximately $42.2 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