October 8, 2019

The LeClaire Group Announces the Sale of International Self Storage in Highland, California

ENCINO, CA | The LeClaire Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of International Self Storage, a 17,905 square foot storage facility located in Highland, California.  Keith Phillips, Investment Associate, in Marcus & Millichap’s Encino, California office, procured the buyer, a local investment company.  The seller represented himself in the deal.

International Self-Storage consists of 172 non-climate controlled drive-up units ranging in size from 4’x4’ to 8’x40’. The property has been well maintained, is fully fenced, and equipped with security monitoring systems. The asset has onsite manager’s office with residence. Highland is a tertiary market located 60 miles east of Los Angeles, that is currently undergoing a resurgence with new developments.  This was a value-add opportunity including additional land.  Other amenities include electronic gate access, individual alarms. The transaction also included and a single tenant income property.

Related News

September 24, 2019

Webcast: Real Estate Investment Strategies for a Changing Economic Climate

Cut through the barrage of headlines regarding recession fears and financial market turbulence.   For…

Read more
September 8, 2019

Marcus & Millichap Releases National Self Storage Report for the Second Half of 2019

Investors See Past Supply Hurdles to Strong Demand, Sustaining Sales Activity Marcus & Millichap’s National…

Read more
May 21, 2019

Special Report: Trade War Escalates but There is a Silver Lining for Commercial Real Estate Investors

Trade War Escalates as U.S. and China Raise Tariffs; The Silver Lining for Commercial Real…

Read more

We're here for you. Let us know how we can help.

Contact The Leclaire Group