Marcus & Millichap, a leading commercial real estate firm, recently facilitated the sale of Lake Avenue Lock-Up in Wilmette, Illinois. The 45,250-square-foot self-storage property was successfully marketed by Jeffrey Herrmann and Sean Delaney of Marcus & Millichap’s Chicago Oak Brook office. They represented the seller, a limited liability company.
The buyer for this North Shore self-storage asset was also secured and represented by Herrmann and Delaney. Located at 3632 Lake Avenue in Wilmette, this property received multiple competitive offers due to its prime location in an affluent area with high barriers to entry and limited supply.
This transaction highlights Marcus & Millichap’s expertise in facilitating successful deals for their clients within the commercial real estate market.
