Maxi Self-Stor in Bakersfield, Calif., sold for $925,000. The 26,990-square-foot self-storage facility is located at 1831 Golden State Ave. The property was built in 2002 and has 24-hour video surveillance and electronic gates with keypads. The seller was an institutional lender, and the buyer was a regional operator based in California.
The sale was brokered by Nick Walker, a member of Marcus & Millichap Real Estate Investment Services, a nationwide real estate investment services firm. Walker, who represented the buyer and seller, is a member of the firms National Self Storage Group in Ontario Calif.