Marcus & Millichap Real Estate Investment Services named Charles “Chico” LeClaire the top producing self-storage broker for 2009.
He ranked in the Top 30 brokers nationally for the 1,300 broker real estate investment firm and was ranked No.1 in his home office of Denver. He closed 10 self-storage transactions for the year, from Florida to California.
“Finding motivated sellers was the key,” LeClaire said. “There are still self-storage buyers out there but their expectations have changed. They will no longer buy on ‘going forward’ numbers. Stabilized, cash flowing properties are what the market is looking for.”
LeClaire has been with Marcus & Millichap for nearly 20 years and has always specialized in self-storage.
Encino, Calif.-based Marcus & Millichap has more than 1,300 investment professionals in offices nationwide.