Marcus & Millichap: Marcus & Millichap Arranges Sale of 1,103-Unit Self-Storage Property in Metro Detroit

WESTLAND, MICH. - Marcus & Millichap has arranged the sale of Five Star Store It, a 1,103-unit self-storage property in the Detroit suburb of Westland. The sales price was undisclosed. The facility sits on 22 acres at 5235 S. Merriman Road and features 30 climate-controlled units, 774 non-climate-controlled units and 229 parking spaces totaling 115,707 net rentable square feet. A retail component on the property will be converted into climate-controlled storage. Brett Hatcher, Gabriel Coe and Nathan Coe of Marcus & Millichap represented the private regional seller and procured the buyer, MyPlace Storage.The post Marcus & Millichap Arranges Sale of 1,103-Unit Self-Storage Property in Metro Detroit appeared first on REBusinessOnline.