GARLAND, Texas, Mar. 24, 2025 – 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 Storage Fit, a 47,539-rentable-square-foot self-storage facility located in Garland, Texas.

Danny Cunningham and Brandon Karr, investment specialists in Marcus & Millichap’s Fort Worth office and leaders of the Karr-Cunningham Storage Team, represented the seller, a private investor from the West Coast seeking to complete a 1031 exchange into triple-net-leased (NNN) properties closer to home. The buyer, a Dallas-Fort Worth-based private capital group acquiring its second self-storage asset, was also secured by Cunningham and Karr.

“My relationship with the Storage Fit seller began in earnest when we had a neighboring facility listed for sale in 2023,” said Cunningham. “He was interested in purchasing that property, but after creating a healthy competitive bidding environment, our team ultimately sold it to a buyer willing to pay more. Intrigued by the possibility of selling Storage Fit for an equally compelling price, we began discussing his exit options in early 2024, ultimately determining that he would benefit from exchanging into NNN properties closer to home. We accomplished that goal, closing the transaction in March 2025 after a 60-day escrow at a price point that not only met the seller’s expectations but made sense for the buyer as well.”

Storage Fit is located at 3701 Dividend Drive in Garland, Texas.