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 Extra Space Storage (Managed), a 83,271-square foot self-storage located in Norwood, MA, according to Michael L. Glass, regional manager of the firm’s Columbus office.

Nathan Coe, Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured by Nathan Coe, Brett Hatcher and Gabriel Coe. Tim Thompson, regional manager, broker of record for the firm’s Boston office assisted in closing this transaction.

Extra Space Storage (Managed) is located at 1450 Boston Providence Turnpike in Norwood, MA. The facility was opened in the fall of 2016 and had already achieved an economic occupancy of 85%. There are 1,011 climate controlled units.

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.