Marcus & Millichap brokers sale of 717-unit Extra Space Storage facility in Malden, Massachusetts
MMI•Sale of Malden self-storage facility
Marcus & Millichap closed the sale of a 717-unit, 74,795-net-rentable-square-foot climate-controlled self-storage facility in Malden, Massachusetts.
The transaction included a 25,095-square-foot triple-net warehouse and a 3,400-square-foot tenant-occupied kiosk.
Calare Properties sold the Extra Space Storage-managed asset to Hearthfire Holdings; the brokerage represented the seller and sourced the buyer.
The property was 90.78% physically occupied and 91.77% economically occupied at closing; the warehouse tenant is UniUni.




