Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Town & Country Self Storage, a 20,311-square foot self-storage located in Forney, Texas.

Roger L. Hendricks, first vice president investments in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor, and procured the buyer, a limited liability company.

The buyer of Town & Country Self-Storage was looking for a suitable high return, self-storage investment. All the measurables for this offering met the investors criteria and allowed the buyer and seller to come to agreeable terms.

“The market is definitely in favor of sellers at this time; however most of my sellers will listen to the voice of experience and price the assets so the sale is structured as a win-win for all parties,” said Hendricks.

Town & Country Self Storage is located at 591 Pinson Road in Forney, Texas.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.