News

  • Self-Storage Development Site Sells for $11M
    By Adriana Pop, Commercial Property Executive
    1784 Capital Partners is planning to develop a new self-storage facility on the 1.5-acre parcel in Bethesda, Md.
  • A Self-Storage Buyer's Guide to Understanding and Calculating Facility Value
    By The Mele Group of Marcus & Millichap
    Self-storage facilities provide their owners with a lucrative source of income and a nice lifestyle. However, buying a business isn’t a simple process. It requires a hefty initial investment, which makes the ability to accurately value a property essential—both at the time of purchase as well as when it comes time to sell.
  • Real Estate Roundup: Self-Storage Transactions December 2016
    By Inside Self Storage
    Carefree Storage in Carthage, N.Y., was sold to a private investor. Built in 1986, the property at 10889 State Route 26 comprises 53,952 of net rentable square feet of storage space in 443 units and outdoor parking spaces. The seller, also a private investor, was represented in the transaction by Mele, Luke Elliott and Kevin Menendez of Marcus & Millichap. Mele and Elliott also represented the buyer.
  • The Mele Group of Marcus & Millichap Arranges the Sale of a 24,195 Square Foot Self-Storage Facility
    By Mini Storage Messenger
    RICHMOND, IN December 16, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Westside Storage, a 24,195-square foot self-storage facility located in Richmond, IN, according to Josh Caruana, regional manager of the firm’s Indianapolis office. The asset sold for $1,100,000.
  • The Mele Storage Group of Marcus & Millichap Arranges the Sale of a 40,700-Square Foot Self-Storage Facility in Sellersburg, Indiana
    By Marcus & Millichap
    SELLERSBURG, IN, December 15, 2016 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Anytime Storage - Commerce Park, a 40,700-square foot self-storage facility located in Sellersburg, Indiana, according to Josh Caruana, regional manager of the firm's Indianapolis office.