Marcus & Millichap this month announced the sale of Total Storage, an 80,902-square-foot self-storage facility located in Hixson for $5 million.
Eddie Greenhalgh, first vice president of investments and senior director of the firm’s national self-storage group, and Jake Payne, associate, procured the buyer, Southeast Storage. Joseph McKibben served as the Tennessee broker of record in the transaction.
Total Storage is located at 8810 Dallas Hollow Road in Hixson. The property was constructed in 1975 on 4.9 acres and features 622 units.
Marcus & Millichap is a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services.
Greenhalgh and Payne are based in the firm’s Birmingham office.
Source: Marcus & Millichap