Press Releases
Marcus & Millichap Facilitates Sale of 451-Unit Self-Storage Facility in Houston Suburb
March 07, 2025
HOUSTON, Mar. 7, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today sale of Huffman 2100 Storage, a 48,550-square-foot self-storage facility located in Huffman, Texas, a growing northeast Houston suburb.
“It’s a well-maintained, quality facility in an up-and-coming area with strong growth potential,” said Dave Knobler, senior managing director investments. “The seller achieved the favorable exit they were looking for, and the property is an ideal fit for the buyer—basically a perfect match.”
Marcus & Millichap’s Dave Knobler, Charles “Chico” LeClaire, Mixson Staffel and Adam Schlosser, exclusively marketed the property on behalf of the seller, a local LLC, and procured the buyer, an Arizona based REIT.
Located at 23000 FM 2100, the facility includes six single-story buildings with 451 units, comprising 264 climate-controlled and 172 non-climate-controlled units, plus 15 outdoor parking spaces. Originally built in 2018, 35% of the facility was added in 2023, with the final building completed in June 2024. The facility is near key economic drivers, including George Bush Intercontinental Airport, Lake Houston, and the Northeast FM 1960 corridor.
“It’s a well-maintained, quality facility in an up-and-coming area with strong growth potential,” said Dave Knobler, senior managing director investments. “The seller achieved the favorable exit they were looking for, and the property is an ideal fit for the buyer—basically a perfect match.”
Marcus & Millichap’s Dave Knobler, Charles “Chico” LeClaire, Mixson Staffel and Adam Schlosser, exclusively marketed the property on behalf of the seller, a local LLC, and procured the buyer, an Arizona based REIT.
Located at 23000 FM 2100, the facility includes six single-story buildings with 451 units, comprising 264 climate-controlled and 172 non-climate-controlled units, plus 15 outdoor parking spaces. Originally built in 2018, 35% of the facility was added in 2023, with the final building completed in June 2024. The facility is near key economic drivers, including George Bush Intercontinental Airport, Lake Houston, and the Northeast FM 1960 corridor.
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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.
