Marcus & Millichap brokers sale of Pleasant Storage self-storage property in Boston MSA
MMI•Pleasant Storage sells in Boston metro area
Marcus & Millichap brokered the sale of Pleasant Storage, a 231-unit self-storage property in the Boston metro area.
The property in Rockland, Massachusetts spans 45,160 rentable square feet across seven buildings on a 4.9-acre site.
Buyer Patriot Holdings, All Purpose Self Storage acquired the asset at a sub-5% cap rate.
The facility was built in 2003 and includes 222 non-climate-controlled units; the seller was a local father-and-son ownership group.
