MARCUS & MILLICHAP BROKERS $6.4M SELF-STORAGE PORTFOLIO SALE

by admin

KINGSTON AND DANVILLE, N.H. — Marcus & Millichap has brokered the sale of the Kingston & Route 111 Portfolio, a two-property self-storage portfolio located in Kingston and Danville. The assets sold for $6.4 million. Kingston Self-Storage is located at 164 Route 125 in Kingston and Route 111 Self Storage is located at 220 Kingston Road in Danville. The portfolio features 13 storage buildings with 111,300 net rentable square feet totaling 875 storage units ranging in size from 25 to 300 square feet. Michael Mele of Marcus & Millichap marketed the property on behalf of the Massachusetts-based seller, while Nicholas Walker of Marcus & Millichap procured the buyer, a Massachusetts-based limited liability company. Sunlite Realty Corp., New Hampshire broker of record, assisted in the closing.

You may also like