Marcus & Millichap Inc.

10/21/2026 | Press release | Distributed by Public on 10/21/2026 17:07

Marcus & Millichap Arranges Sale of 729-Unit Self-Storage Portfolio in Coastal Texas

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Marcus & Millichap Arranges Sale of 729-Unit Self-Storage Portfolio in Coastal Texas

October 21, 2026
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HOUSTON, Oct. 21, 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 Fortress Storage Center, a two-property self-storage portfolio totaling 729 units and 85,150 rentable square feet in Rockport and Victoria, Texas.

"Fortress Storage Center gives the buyer meaningful scale in the Texas Coastal Bend with two facilities that are almost evenly split between climate-controlled and drive-up units, the kind of balanced mix operators look for to serve both residential and commercial demand," said Mixson Staffel, director investments. "Rockport and Victoria are about an hour apart, giving the new owner built-in operating efficiencies without overlapping trade areas."

Staffel, Dave Knobler and Charles "Chico" LeClaire, investment specialists in Marcus & Millichap's Denver and Houston offices, represented the seller in the transaction.

The portfolio includes Fortress Storage Center at 205 State Highway 35 South in Rockport, which features 337 units and 37,700 rentable square feet, and Fortress Storage Center at 4901 Houston Highway in Victoria, which comprises 392 units and 47,450 rentable square feet. Both facilities offer climate-controlled and non-climate-controlled storage, gated access, video surveillance and on-site management offices. The Victoria property also includes an on-site manager's residence.

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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. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.

Marcus & Millichap Inc. published this content on October 21, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 21, 2026 at 23:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]