{"id":1004380895,"date":"2020-01-09T05:59:13","date_gmt":"2020-01-09T13:59:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004380895"},"modified":"2025-02-28T00:21:49","modified_gmt":"2025-02-28T08:21:49","slug":"montfort-capital-partners-buys-austin-area-storage-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/montfort-capital-partners-buys-austin-area-storage-facility\/","title":{"rendered":"Montfort Capital Partners Buys Austin-Area Storage Facility"},"content":{"rendered":"<div id=\"attachment_1004380898\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004380898\" data-attachment-id=\"1004380898\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/montfort-capital-partners-buys-austin-area-storage-facility\/kyle-parkway-self-storage-mini-offices\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;13&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7SM2&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1554982346&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;20&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Kyle Parkway Self Storage &#038; Mini Offices\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Kyle Parkway Self Storage &#038; Mini Offices. Image courtesy of Marcus &#038; Millichap&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg?w=800\" class=\"wp-image-1004380898 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004380898\" class=\"wp-caption-text\">Kyle Parkway Self Storage &amp; Mini Offices. <em>Image courtesy of Marcus &amp; Millichap<\/em><\/p><\/div>\n<p>Montfort Capital Partners has purchased Kyle Parkway Self Storage &amp; Mini Offices, a 41,283-net-rentable-square-foot facility in Kyle, Texas. Marcus &amp; Millichap\u2019s San Antonio-based office arranged the sale on behalf of the seller, a private investor.<\/p>\n<p>The facility occupies 4.3 acres at 5141 Cromwell Drive, adjacent to a cluster of retailers such as Target, Walmart Supercenter and Lowe\u2019s Home Improvement. The storage asset is just off Interstate 35, roughly 25 miles from downtown Austin. Additionally, the facility is situated near residential areas; there are approximately 2,500 rental units within a 3-mile radius, according to Yardi Matrix.<\/p>\n<p>Constructed in 2015, the six-building storage facility encompasses a total of 305 units ranging from 16 to 300 square feet. The asset also features seven mini offices and 23 outdoor parking spaces. Other characteristics of the buildings include climate control, drive-up access, gated entry and security cameras.<\/p>\n<p>Marcus &amp; Millichap\u2019s Jon Danklefs arranged the transaction. In December, the brokerage firm\u2019s Fort Worth-based office arranged the<a href=\"https:\/\/www.commercialsearch.com\/news\/karr-self-storage-arranges-fort-worth-area-storage-transaction\/\"> sale of an 83,850-square-foot facility in Burleson<\/a>, Texas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marcus &#038; Millichap brokered the sale of the 305-unit asset on behalf of a private investor. <\/p>\n","protected":false},"author":871,"featured_media":1004380898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21743,21742],"tags":[34836,48380],"class_list":["post-1004380895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-deals","category-latest","tag-marcus-millichap","tag-montfort-capital-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Montfort Capital Partners Buys Austin-Area Storage Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/montfort-capital-partners-buys-austin-area-storage-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montfort Capital Partners Buys Austin-Area Storage Facility\" \/>\n<meta property=\"og:description\" content=\"Marcus &amp; Millichap brokered the sale of the 305-unit asset on behalf of a private investor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/montfort-capital-partners-buys-austin-area-storage-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-09T13:59:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T08:21:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/montfort-capital-partners-buys-austin-area-storage-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/montfort-capital-partners-buys-austin-area-storage-facility\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"Montfort Capital Partners Buys Austin-Area Storage Facility\",\"datePublished\":\"2020-01-09T13:59:13+00:00\",\"dateModified\":\"2025-02-28T08:21:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/montfort-capital-partners-buys-austin-area-storage-facility\\\/\"},\"wordCount\":189,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/montfort-capital-partners-buys-austin-area-storage-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/01\\\/Kyle-Parkway-Self-Storage-Mini-Offices.jpg\",\"keywords\":[\"Marcus &amp; 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