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Marcus & Millichap Brokers Self-Storage Property Deal in Chicago
Marcus & Millichap completed the sale of a brand-new, 916-unit Public Storage property in Chicago, Illinois. “Above-average development complexity has constrained new self-storage supply, contributing
•schedule1 min read•Source: Connect CRE
Marcus & Millichap completed the sale of a brand-new, 916-unit Public Storage property in Chicago, Illinois. “Above-average development complexity has constrained new self-storage supply, contributing to Chicago’s status as one of the industry’s strongest self-storage rental rate markets,” said Jeffrey Herrmann, senior director of investments. “Those market fundamentals continue to attract investors seeking high-quality assets ...
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