The Mele Group of Marcus & Millichap Arranges the Sale of a Sarasota Self-Storage Facility
SARASOTA, FL, December 27, 2017 – 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 Loc N' Key Storage, a well located self-storage facility in Sarasota, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.
The Mele Group of Marcus & Millichap Arranges the Sale of a 65,950-NRSF Self-Storage Facility
CAPE CORAL, FL, December 27, 2017 – 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 Cape Coral Self-Storage Facility, a 65,950-rentable square foot self-storage facility located in Cape Coral, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.
Sean Delaney of The Mele Group: 2017 Most Influential Commercial Real Estate Brokers in Chicago
Based at Marcus & Millichap's Oak Brook office, Sean Delaney specializes in the sale of self-storage properties throughout the Midwest. Since joining the firm in 2004, he's facilitated more than 100 transactions totaling over $500 million. Since 2014 alone, he's closed more than 50 deals totaling more than $333 million. Noteworthy transactions include the sale of Canal Street Self-Storage in Chicago; the sale of a two-property self-storage in Milwaukee, which traded for the highest price recorded for a self-storage portfolio in the region; and the sale of two portfolios in Indiana, one of which was the largest self-storage sale on record in Elkhart County. In 2016, he sold a property in Phoenix that was the highest price on record in that market. For the past four years he's earned the firm's national achievement award. He's active in the industry as a member of the Self Storage Association and the Illinois Self Storage Associations.
Real Estate Roundup: Self-Storage Transactions October 2017
Hartland Self Storage in Hartland, Wis., was sold to a private investor. The 4.3-acre property at 470 E. Industrial Drive comprises 59,680 square feet of storage space in 337 units. The buyer and the seller, also a private investor, were represented in the transaction by Michael Mele and Sean M. Delaney, investment specialists for real estate firm Marcus & Millichap (M&M). They were assisted by Todd Lindblom, regional manager for M&M.
Sold! Weekly Self-Storage Acquisition Round Up 10.18.17
A self-storage facility in Orlando, FL, has changed hands. An unidentified private investor sold Private Storage, at 4601 S. Orange Blossom Trail, to an unidentified private investment firm. The facility, with 51,375 rentable square feet, is now branded as Extra Space Storage. The facility, featuring 443 drive-up units, is at Southgate Shopping Center, which is anchored by Aldi, Aaron’s and AutoZone stores. Michael Mele and Luke Elliott, both of commercial real estate brokerage firm Marcus & Millichap in Tampa, FL, brokered the deal on behalf of the buyer and seller.