Press Releases
Marcus & Millichap Announces Sale of 554-Unit Self-Storage Property in Winter Haven, Florida
March 26, 2025
WINTER HAVEN, Fla., March 26, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Self Storage of Winter Haven, a 554-unit self-storage property in Winter Haven, Florida.
“Securing a successful self-storage deal in Winter Haven, Florida, is a testament to the power of strategic planning, local knowledge and the commitment of both the buyer and seller working toward a common goal," said George Kondracke, senior associate. "With Winter Haven’s ongoing growth, this well-positioned asset is poised for long-term success. The effective communication and collaboration between the buyer and seller made this transaction a true win-win.”
Kondracke, Nathan Coe, Gabriel Coe and Brett Hatcher, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller. Public Storage acquired the property. Ryan Nee is the firm’s broker of record in Florida.
Self Storage of Winter Haven sits on 5.04 acres at 4750 Lucerne Park Road. The brand-new, Class A facility includes 469 climate-controlled units and 85 non-climate-controlled units, totaling 83,000 net rentable square feet. Located in a rapidly growing market, the site features high visibility and prominent street frontage.
“Securing a successful self-storage deal in Winter Haven, Florida, is a testament to the power of strategic planning, local knowledge and the commitment of both the buyer and seller working toward a common goal," said George Kondracke, senior associate. "With Winter Haven’s ongoing growth, this well-positioned asset is poised for long-term success. The effective communication and collaboration between the buyer and seller made this transaction a true win-win.”
Kondracke, Nathan Coe, Gabriel Coe and Brett Hatcher, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller. Public Storage acquired the property. Ryan Nee is the firm’s broker of record in Florida.
Self Storage of Winter Haven sits on 5.04 acres at 4750 Lucerne Park Road. The brand-new, Class A facility includes 469 climate-controlled units and 85 non-climate-controlled units, totaling 83,000 net rentable square feet. Located in a rapidly growing market, the site features high visibility and prominent street frontage.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
