HOOKS, Texas, August 3, 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 Hooks Mini Storage, a 39,100-square-foot self-storage facility in Hooks, Texas.

“More than anything, this deal highlights our ability market listings to an extremely wide variety of qualified investors,” said Danny Cunningham, senior managing director investments. “This particular buyer has a distinctive strategy that includes installing solar panels and utilizing the associated tax credits to fund future acquisitions. Although today’s dynamic lending environment and the buyer’s unique business model introduced some unforeseen challenges that had to be overcome in order to close, we ultimately did the deal above the original contract price, resulting in a great outcome for our client.”

Cunningham and Brandon Karr, investment specialists in Marcus & Millichap’s Fort Worth office, exclusively marketed the property on behalf of the seller, a Dallas-Fort Worth owner/operator who is selectively selling assets from his self-storage portfolio to reinvest the proceeds into a separate business venture, and procured the buyer, a self-storage investment group based in the Carolinas that is actively expanding its footprint across Texas and the Southwest.

The property is located at 202 West Ave A. Built in 1983, the facility consists of 290 storage units across 4.06 acres. The facility presents opportunities for operational enhancements while serving the growing storage needs of the Hooks market.

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