SELF-STORAGE PORTFOLIO IN THREE STATES SELLS FOR $163.4 MILLION

DENVER — Marcus & Millichap Real Estate Investment Services has arranged the sale of 42 self-storage facilities in Illinois, California and Hawaii. In all, the A-American Self-Storage portfolio includes nearly 2.8 million square feet of rentable space. The assets, which include 24,917 units, commanded a sales price of $163.4 million. Charles LeClaire of Marcus & Millichap's Denver office represented the seller, A-American Self-Storage of Los Angeles. LeClaire also secured the buyer, CPA:17 – Global, a non-traded REIT affiliate of W. P. Carey & Co. LLC.