Marcus & Millichap Brokers Sale of 231-Unit Self-Storage Facility in Rockland, Massachusetts
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. Boston life sciences absorption has moderated from its 2021-2022 pace, and the market is working through a meaningful Cambridge sublease overhang. Multifamily and trophy office remain durable. 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 50th Boston story tracked on the wire in October 2026. All Boston coverage →
- 124 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
ROCKLAND, MASS. — Marcus & Millichap has brokered the sale of Pleasant Storage, a 231-unit self-storage facility in Rockland, about 20 miles south of Boston. Built on 4.9 acres in 2003, the seven-building facility fea…
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