Marcus & Millichap Arranges Sale of a Self-Storage Property in Gun Barrel City, Texas
GUN BARREL CITY, Texas, Aug. 12, 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 Gun Barrel Self Storage, a 35,576 rentable-square foot self-storage property in Gun Barrel City, Texas.
“This was a highly unique off-market transaction. An out-of-state investment group asked if we could help them assign an existing escrow to another qualified buyer,” said Danny Cunningham, senior managing director investments.
Cunningham continues, “Drawing on our team’s extensive relationships and knowledge of investor acquisition criteria, we quickly identified a strong fit: a DFW-based storage operator with whom we had previously transacted that had a particular interest in the Cedar Creek Lake market. The transaction required extensive coordination and negotiation with a local lender, but we worked closely with everyone involved to move the deal forward and ultimately close at the originally agreed-upon sales price”.
Danny Cunningham and Brandon Karr, investment specialists in Marcus & Millichap’s Fort Worth offices, procured the buyer, a Dallas-based private investment firm.
Gun Barrel Self Storage at 115 Legendary Lane, built in 1994, located roughly 45 miles southeast from Dallas, Texas.
# # #
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.