Marcus & Millichap Brokers Sale of 1,042-Unit Self-Storage Portfolio in Greater Houston
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. Houston transaction velocity has been concentrated in industrial and Class A multifamily in the energy corridor and inner loop. Office remains a basis play. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
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On the RET wire
- The 58th Houston story tracked on the wire in October 2026. All Houston coverage →
- 129 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
HOUSTON — Marcus & Millichap has brokered the portfolio sale of five self-storage facilities totaling 1,042 units in the greater Houston area. Two facilities are located in the northwestern suburb of Waller, and the o…
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