Marcus & Millichap Brokers Sale of 717-Unit Self-Storage Facility in Malden, 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 17th Boston story tracked on the wire in November 2026. All Boston coverage →
- 123 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
MALDEN, MASS. — Marcus & Millichap has brokered the sale of a 717-unit self-storage facility in Malden, located north of Boston. Extra Space Storage operates the facility, which totals 74,795 net rentable square feet…
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