Marcus & Millichap Arranges Self Storage Sale in Adelanto
The LeClaire-Schlosser Group of Marcus & Millichap has announced the sale of Ballpark Self Storage, a 55,000-square-foot facility in Adelanto, CA. Marcus & Millichap’s Keith Phillips and Adam Schlosser teamed-up to deliver the transaction.
The seller is a California-based LLC, while the buyer, Nova Storage, is a regional operator with several locations in Southern California. Phillips said in a news release, “The previous ownership group built the asset from the ground up, as well as operated it from day one.”
Ballpark Self Storage is a 376-unit facility located between Highway 395 and Adelanto Road, two of the main arteries in the city. The complex features a modern leasing office, drive up non-climate storage options, security cameras, concrete drive aisles and keypad access.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.