Contact: Grant Fitzgerald
Regional Manager, Columbus
FITCHBURG, WISCONSIN, June 10, 2022 – 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 Verona Road Self Storage, a 18,722 square-foot self-storage facility located in Fitchburg, Wisconsin, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.
Brett R. Hatcher, Gabriel Coe and Jonathan M. Fawley, 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. Todd Lindblom, Wisconsin Broker of Record, assisted in closing this transaction.
Verona Road Self Storage is located at 5258 Anton Dr in Fitchburg, Wisconsin. “This was as smooth of a transaction as you could have,” said Fawley. “The seller required a buyer that could close with absolute certainty. We were able to pick who we thought was the best buyer for this asset and they performed. This is something that sellers need to be thinking of as the market shifts and interest rates rise.”
About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.