JANESVILLE, Wis., Oct. 26,2026 – 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 Crosby Avenue Self Storage, a 282-unit self-storage property in Janesville, Wisconsin, for $2.4 million.
“Crosby Avenue Self Storage presented a unique opportunity to acquire a facility operating at nearly 100% occupancy, with significantly below-market rental rates and operational upside through the transition to professional third-party management,” said Jon Silvers, associate director investments. “Well-positioned self-storage facilities offering operational upside in growing Wisconsin markets continue to attract significant buyer interest.”
Silvers and Sean Delaney, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a local owner, and procured the out-of-state buyer.
Located on 6.77 acres at 232 S. Crosby Ave., the property features 282 non-climate-controlled units totaling 49,750 rentable square feet. Built in 1990, the facility is situated west of downtown Janesville and was nearly 100% occupied at the time of sale.
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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. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
