SOLD
Houston-Based Firm Acquires 56.9K SF Self-Storage Facility In Forney, TX
7761 Fm 741
Self Storage
56,900 SF
56,900 SF
Sold 220 days ago
Summary
Sale
TEXAS
Self Storage
56,900 sqft
A 56,900-square-foot self-storage facility located at 7761 Farm-to-Market 741 in Forney, TX has been sold by Marcus & Millichap. The property, originally constructed in 2017 by a Dallas-Fort Worth family partnership, was recently acquired by a Houston-based real estate investment firm. Despite encountering challenges during the escrow process, the sale was successfully facilitated by Marcus & Millichap's Karr-Cunningham Storage Team.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Address: 7761 Farm-to-Market 741, Forney, TX
- Market: Forney
- Brokers: Danny Cunningham & Brandon Karr - Marcus & Millichap
The Karr-Cunningham Storage Team, representing Marcus & Millichap, played an instrumental role in facilitating the sale of Bin 741 Storage. Overcoming obstacles during the escrow process, the team successfully closed the deal, resulting in the transfer of ownership from the Dallas-Fort Worth family partnership to the Houston-based real estate investment firm.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Danny Cunningham & Brandon Karr
DATE: 09/25/2023
ADDRESS: 7761 Farm-to-Market 741
MARKET: Forney
ASSET TYPE: Self Storage ~ SF: 56,900
BROKERS: Danny Cunningham & Brandon Karr - Marcus & Millichap (@MarcusMillichapinc)
NOTE: Marcus & Millichap has sold Bin 741 Storage, a 56,900-square-foot self-storage facility in Forney, TX. The property, originally built in 2017 by a Dallas-Fort Worth family partnership, was purchased by a Houston-based real estate investment firm, facilitated by Marcus & Millichap's Karr-Cunningham Storage Team, despite facing challenges during the escrow process.View on map
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Address7761 Fm 741
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