Hatcher Group Of Marcus & Millichap Arranges The Sale Of Florida Self-Storage Portfolio

11/6/18

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 the Home Star Storage Portfolio in Central Florida. The sale comprised of 982 total units and the sites were located in Clearwater, Palm Bay, Summerfield and Tavares, FL, according to Michael L. Glass, Regional Manager of the firm’s Columbus office. The asset sold for $7,000,000.

Nathan Coe, Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, sold the portfolio 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 of Record of the firms Fort Lauderdale office, assisted in closing this transaction.

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

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