Brett Hatcher, a senior associate and self-storage specialist with Marcus & Millichap Real Estate Investment Services, has been named associate director of the company’s National Self-Storage Group (NSSG). The NSSG assists self-storage investors and owners by matching them with available properties and active buyers.
Hatcher joined Marcus & Millichap in 2005 and was quickly promoted to associate and then senior associate. He has closed more than 40 transactions totaling more than $100 million.
Hatcher will be speaking during the Inside Self-Storage World Expo, April 3-5, in Las Vegas. He will address “Investment Trends in Major Self-Storage Markets: Cap and Interest Rates.” The session will examine cap-rate trends by region over the past decade as well as current rates, and discuss the general state of the self-storage real estate market and the effect interest rates have on property value.
Marcus & Millichap has more than 1,000 investment professionals in offices nationwide and closed more than 5,000 transactions in 2011.