Marcus & Millichap : Announces the Sale of a Three Property Portfolio in Chelsea, Maine
October 02, 2023 at 11:16 pm IST
Share
Press Releases
Marcus & Millichap Announces the Sale of a Three Property Portfolio in Chelsea, Maine
October 02, 2023
LinkedIn Email App
CHELSEA, Maine, October 2, 2023 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Maine Three Property Portfolio, a 45,690-square-foot self-storage portfolio located in Chelsea, Maine.
Luke Dawley, Nathan Coe, Brett R. Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap's Columbus office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. James Koury, Maine Broker of Record, assisted in closing this transaction.
All three properties within this Maine Three Property Portfolio are located within eight and a half miles of each other in south central Maine towns of Chelsea and Vassalboro. The facilities combine to feature 296 non-climate-controlled self-storage units, portable units, and rental space units that make up 45,690 net rentable square feet. All three sites benefit from room for future expansions and good street frontage with strong daily traffic counts.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on 02 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2023 17:45:04 UTC.
Marcus & Millichap, Inc. is a brokerage company. The Company is specialized in commercial real estate investment sales, financing services, research, and advisory services. The Company also offers market research, consulting, and advisory services to its clients. The Company offers services to its clients by underwriting, marketing, selling, and financing commercial real estate properties in a manner that maximizes value for sellers, provides buyers with a diverse inventory of commercial properties, and secures competitive financing from lenders for borrowers. The Company divides its commercial real estate into four market segments: properties, private client market, middle market, and larger transaction market. The Company serves clients with one property, multiple properties, and large investment portfolios. The Companyâs investment brokerage and financing professionals serve private clients within the private client market segment.
MARCUS & MILLICHAP, INC. 
