Category: Uncategorized

The LeClaire-Schlosser Group of Marcus & Millichap Brokers the Sale of Dona Ana Storage in Las Cruces, New Mexico

The LeClaire-Schlosser Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Dona Ana Storage, a 35,525 square foot storage facility located in Las Cruces, New Mexico, just north of El Paso, Texas. One challenge to this deal were the 40+ storage units used by the seller on a complimentarily basis. During escrow, the seller vacated most units which were soon re-rented to new customers which speaks to the strong spring leasing…

Acquisition Review – Longview TX

Recently, Marcus & Millichap completed the sale of a 55,956 square foot self storage facility in Longview, TX. Within just two weeks of marketing the listing, the team generated ten offers, more than half of which came in at or above the asking price. FreeUp Storage I-20 had 10 offers within two weeks The Facility The property is situated roughly 130 miles east of Dallas along the I-20 just south of the city of Longview, TX, about 60 miles east of Shreveport, LA. Positioned alongside the I-20, it sits on…