Marcus & Millichap Inc.
10/12/2026 | Press release | Archived content
Marcus & Millichap Brokers Sale of Self-Storage Facility and Retail Center in Rockford, Illinois
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Marcus & Millichap Brokers Sale of Self-Storage Facility and Retail Center in Rockford, Illinois
October 12, 2026
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ROCKFORD, Ill., Oct. 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 3720 E. State St., a self-storage facility and retail center in Rockford, Illinois.
"This was a unique asset that required a thoughtful approach to both positioning and marketing," said Cameron Bradford, director investments in Marcus & Millichap's Charleston office. "The property offered investors a diversified income stream, strong visibility along E. State St. and an attractive location within the Rockford market. Despite the complexities associated with marketing a mixed-use asset, we were able to generate strong interest and identify a buyer who recognized the long-term potential of the property."
Bradford and Stacey Gorman of Marcus & Millichap, in association with Steven Weinstock, the firm's broker of record in Illinois, exclusively marketed the property on behalf of the seller. Gorman, Bradford and Sam Slocum of Marcus & Millichap procured the buyer.
The four-suite property sits on a 4.92-acre lot and consists of 59,133 square feet split between a 40,008-square-foot storage facility and 19,125 square feet of retail space. The property was built in 1980 and renovated in 2020. The facility is occupied by CubeSmart and contains 418 climate-controlled units ranging in sizes from 5-by-10 feet to 10-by-30 feet. Other tenants include Family Dollar and the State of Illinois.
The property is situated along Route 20 in Rockford, the third-largest city in Illinois and Northern Illinois' primary economic hub outside of the Chicago MSA. It is close to Rockford University, UW Health SwedishAmerican Hospital and the Chicago-Rockford International Airport.
"This was a unique asset that required a thoughtful approach to both positioning and marketing," said Cameron Bradford, director investments in Marcus & Millichap's Charleston office. "The property offered investors a diversified income stream, strong visibility along E. State St. and an attractive location within the Rockford market. Despite the complexities associated with marketing a mixed-use asset, we were able to generate strong interest and identify a buyer who recognized the long-term potential of the property."
Bradford and Stacey Gorman of Marcus & Millichap, in association with Steven Weinstock, the firm's broker of record in Illinois, exclusively marketed the property on behalf of the seller. Gorman, Bradford and Sam Slocum of Marcus & Millichap procured the buyer.
The four-suite property sits on a 4.92-acre lot and consists of 59,133 square feet split between a 40,008-square-foot storage facility and 19,125 square feet of retail space. The property was built in 1980 and renovated in 2020. The facility is occupied by CubeSmart and contains 418 climate-controlled units ranging in sizes from 5-by-10 feet to 10-by-30 feet. Other tenants include Family Dollar and the State of Illinois.
The property is situated along Route 20 in Rockford, the third-largest city in Illinois and Northern Illinois' primary economic hub outside of the Chicago MSA. It is close to Rockford University, UW Health SwedishAmerican Hospital and the Chicago-Rockford International Airport.
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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 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 16, 2026 at 22:14 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]