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MARCUS & MILLICHAP COMPLETES $18.85 MILLION SALE OF SELF-STORAGE PORTFOLIO

COLUMBUS, OHIO — Michael Mele, Adam Schlosser and Brett Hatcher of Encino, Calif.-based Marcus & Millichap have brokered the $18.85 million sale of the Storage Inns of America portfolio on behalf of a Dayton, Ohio-based private investor. The seven-property self-storage portfolio totals 418,020 square feet in size. All of the single-level facilities are located on, or exposed to major thoroughfares with ample store frontage, and include interior climate control, exterior lighting and perimeter fencing with computerized-gate access. Sean Delaney and Jesse Luke of Marcus & Millichap’s Oak Brook, Ohio, office represented the buyer, a Mishawaka, Ind.-based investment group.

Content Partners
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