Marcus & Millichap
Marcus & Millichap Arranges Sale of Texas Facility
Business Property Trust has traded Oak Cliff Bargain Storage, located in Dallas. Marcus & Millichap’s Karr Self-Storage team represented the seller and secured the buyer in the transaction.
Pittsburgh Embassy Suites Changes Hands for $25M
The sale of Embassy Suites Pittsburgh Airport hotel in Coraopolis was brokered by Marcus & Millichap, equating to a price of $112,108 per key.
Atlanta-Area Storage Facility Sells for $19M
Stein Investment Group has traded Space Shop Self Storage, located in suburban Atlanta. Marcus & Millichap represented the seller and procured the buyer.
Tax Changes Hike Investor Optimism
The latest investor sentiment survey conducted by Marcus & Millichap highlights the benefits of the law’s new provisions, as well as what it left in place, and the upsides for multiple asset categories.
The Mele Group Brokers Sale of CA Facility
Marcus & Millichap’s self-storage group arranged the sale of a 515-unit facility located in Fairfield, Calif. The group represented the seller and also secured the buyer in the transaction.
HTI Lands $119M Refi for MOB Portfolio
KeyBank arranged the long-term funding for a portfolio of 20 medical office buildings in a dozen states, expanding the REIT’s liquidity position by up to $33 million in net proceeds.
Marcus & Millichap Brokers Sale of Augusta Storage Facility
The company’s self-storage team marketed the 22,664-net-rentable-square-foot asset on behalf of the seller and procured the buyer.
Denver Hotel Changes Hands
The buyer plans to renovate the property and convert it into a branded hotel. Best Inn & Suites offers convenient access to the Denver International Airport.
Marcus & Millichap Appoints New DC Regional Manager
Matthew Drane will be in charge of expanding the firm’s investment services, working closely with agents and investors. He has been with the firm since 2012, serving most recently as associate regional manager.
Hatcher Storage Group Brokers Sale of OH Facility
The self-storage group of Marcus & Millichap has arranged the sale of a 509-unit facility located in Springfield, Ohio.