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Marcus & Millichap Arranges Sale of 489-Unit Self-Storage Property in Ohio
Marcus & Millichap closed the sale of Premier Storage of Delaware, a 489-unit self-storage property located in Delaware, Ohio, in the Columbus MSA.
“This property sold to a local buyer who outbid several competitive offers from buyers across the country,” said Gabriel Coe, senior managing director of investments. “The sale occurred following the completion of a 37,625-square-foot expansion, which included the stabilization of the original buildings and a more than doubling of the property’s size.”
Gabriel Coe, Nathan Coe and Brett Hatcher, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller and procured the buyer. Michael Glass, Broker of Record in Ohio, assisted in the transaction.
Located at 3295 US-42, Premier Storage of Delaware offers a mix of climate-controlled units, non-climate-controlled units and parking options across 68,053 square feet. Originally built in 1999, with the expansion completed in early 2024, the asset spans a 10.91-acre lot, allowing room for additional growth.
