Newmark Announces Sale of 7-Property Self-Storage Portfolio in Houston

self-storage portfolio sale Houston, Texas

Newmark is pleased to announce the sale of a seven-property self-storage portfolio located in some of the highest growth areas of the Houston MSA. The institutionally managed portfolio is comprised of nearly 620,000 SF across more than 3,600 units and benefits from minimal new supply and record population growth that exceeds both the national and state averages. The phenomenal demographics in addition to solid demand fundamentals will support the continued strong performance of the portfolio well into the future.

About Newmark

Newmark Capital Markets Self Storage (nmrkstorage.com) is a leading brokerage and advisory group that focuses on selling, refinancing and debt/equity placement for self-storage clients across the United States.

For more information about Newmark click here.

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