The Mele Group of Marcus & Millichap Closes Record-Breaking Self-Storage Sale
The two properties, The Vault of Menomonee Falls and The Vault of Waukesha, sold for the highest amount ever paid for a self-storage portfolio in the Greater Milwaukee area.
Self-Storage Properties In WI Set A Record
MILWAUKEE - For a long time, Milwaukee was a low-activity market, but it recently hit everyone’s radar screen.
ISS Publishes Podcast on the Effect of the Trump Administration on Self-Storage Real Estate
Inside Self-Storage (ISS) has released a new installment to its Sounds of Storage podcast series titled, “Michael Mele Discusses the Trump Administration Effect on Self-Storage Real Estate.” The seven-minute interview with the senior managing director of investments for Marcus & Millichap addresses industry real estate trends and how the sector is performing. Mele also offers insight on potential interest-rate increases and how legislative variations could impact owners and investors.
U-Haul Buys 2 'The Vault' Self-Storage Facilities in the Greater Milwaukee Area
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired two self-storage facilities in the Greater Milwaukee area for $17 million: The Vault of Menomonee Falls and The Vault of Waukesha. The properties are within 15 miles of one another and 20 miles from Milwaukee.
Sounds of Storage Podcast: Michael Mele Discusses the Trump Administration Effect on Self-Storage Real Estate
Many years of low interest rates and a favorable buyer’s market have led to a robust self-storage real estate sector. But with a new U.S. president and the threat of rising rates, what can owners and investors expect in the years ahead?
In this informative podcast, Inside Self-Storage Editor Amy Campbell speaks with Michael Mele, senior managing director of investments for Marcus & Millichap, about self-storage real estate trends and how the Trump Administration may affect them moving forward. Mele offers insight on how the sector is preforming, what’s changed in the past year, and how legislative variations might impact the playing field. Finally, he offers advice on how to prepare for rate increases.