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Marcus & Millichap Sells 493-Unit Self Storage Facility In Denton Texas With Brandon Karr

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SOLD

Texas

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Self Storage58,225 SF
Sold 11/07/2024
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SOLD

Marcus & Millichap Sells 493-Unit Self Storage Facility In Denton Texas With Brandon Karr

816 Frame Street

See Similar Deals
Self Storage58,225 SF
Sold 11/07/2024
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:58,225 SF
Transaction Type:Sale

The property involved in this transaction is a self-storage facility located at 816 Frame Street in Denton, Texas. The facility comprises 493 units and offers a total of 58,225 rentable square feet. It was operated by Extra Space Storage and has its origins dating back to the 1980s.

Summary of transaction details:

Brandon Karr facilitated both sides of this transaction, representing the local investor who sold the property to a publicly traded self-storage REIT. The role of Marcus & Millichap was critical in brokering the successful transaction of this self-storage asset.

Players

Brandon Karr
Marcus & Millichap
Brandon Karr
49 deals$7M volume(817) 932-6163
BROKER

Details

SOLD
IMAGE: Brandon Karr DATE: 11/07/2024 ADDRESS: 816 Frame Street MARKET: Denton ASSET TYPE: Self Storage ~ UNITS: 493 ~ SF: 58,225 BROKER: Brandon Karr - Marcus & Millichap (@MarcusMillichapInc) NOTE: Marcus & Millichap brokered the sale of a 493-unit self-storage facility in Denton, Texas, totaling 58,225 rentable square feet. The property, operated by Extra Space Storage and built in the 1980s, was sold by a local investor to a publicly traded self-storage REIT, with Brandon Karr facilitating both sides of the transaction.

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