Marcus & Millichap Arranges Sale of Fort Worth-Area Storage
The brokerage company worked on behalf of the seller in the disposition of a 278-unit facility located in Springtown, Texas.
West Side Storage
Marcus & Millichap has arranged the sale of West Side Storage, a 44,500-square-foot facility in Springtown, Texas. The brokerage firm worked on behalf of the seller, a private owner, who was also the developer of the property. A Fort Worth-based operator acquired the facility.
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Situated at 1050 West Highway 199, the facility is exposed to more than 1,700 cars per day and is around 28 miles from downtown Fort Worth. The 15-building storage facility was constructed in two phases in 1999 and in 2018 on 3.4 acres and comprises a total of 278 non-climate-controlled units. The storage spaces range from 100 to 300 square feet. West Side Storage features gated entry, garage-style roll-up doors, pitched metal roofs, perimeter fencing and lighting and security cameras.
Marcus & Millichap’s brokerage team included Senior Vice President Brandon Karr and Senior Associate Danny Cunningham. Earlier this year, the group also arranged the sale of an 81,050-square-foot facility in Corsicana, Texas.
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