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Marcus & Millichap Brokers Sale of 92K-SF Self-Storage Portfolio in Maine

Marcus & Millichap has arranged the sale of JMC Self-Storage Portfolio, a 92,275-square-foot self-storage portfolio located throughout southern Maine. The sales price was not disclosed.

The JMC Portfolio is located throughout southern Maine, with three of the four sites within 20 miles of the Portland area. These facilities have 793 total combined units, totaling 92,275 net rentable square feet. They are all stable, cash-flowing facilities.

Nathan Coe, Brett Hatcher and Gabriel Coe of Marcus & Millichap represented the seller, a limited liability company, in the transaction. The buyer was not disclosed.


Inside The Story

Marcus & Millichap’s Coe

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.