Marcus & Millichap National Self Storage Group

Marcus & Millichap is a commercial real estate brokerage specializing in investment sales, financing, research, and advisory services for private and institutional investors in the United States and Canada. Its National Self Storage Group is the specialty practice that sells self-storage facilities and portfolios through the firm's office network.

The business model is built on specialization by property type and on matching each property with the largest pool of qualified buyers, with brokerage and financing specializations, proprietary property marketing technology, and in-house market research behind each assignment. Financing runs through Marcus & Millichap Capital Corporation, launched in 1995, and Institutional Property Advisors, launched in 2012, serves institutional and major private investors.

The company was founded in 1971 in Palo Alto, California, and now has more than 80 offices across the United States and Canada with over 1,800 specialized agents. It reports 8,818 closed sales and 1,659 closed financings in its most recent year, and $50.9 billion in the value of recently closed transactions. It is publicly traded on the New York Stock Exchange under MMI.

Fees are commission-based. Because coverage is organized agent by agent within each office, sellers should confirm which local office and which specialist handles self-storage in their market before listing.