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Texas  + Retail  | 

Self-Storage Trades in Southwest Houston

Marcus & Millichap closed the sale of West Bellfort Self Storage, a 42,925-square-foot self-storage facility in Houston. The buyer was a Dallas-based LLC.

Houston-based first VP investments Dave Knobler and Denver-based executive managing director investments Charles LeClaire marketed the property on behalf of a Houston-based LLC.
 
“170 and 170 was my catchphrase on this one,” said Knobler, “There are 170,000 people living within three miles of the southwest Houston asset and the facility is a block away from the intersection of West Bellfort and Beltway 8, which sees around 170,000 vehicles daily.” 
He added, “The response from the market was fantastic, we received numerous offers and had a very competitive best and final round.” 

Built in 2008, the property sits on 4.35 acres with eight metal framed single-story buildings containing 350 drive-up non-climate storage units.

For comments, questions or concerns, please contact Paul Bubny

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Inside The Story

Connect With Marcus & Millichap’s KnoblerConnect With Marcus & Millichap’s LeClaire

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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