News

  • Delaware Firm Buys 2,000-Unit Self-Storage Portfolio in Metro New York
    By Adriana Pop, Commercial Property Executive
    New York – The Mele Group of Marcus & Millichap arranged the sale of two family-run self-storage properties located in the New York metro area. The portfolio, which is made up of the 937-unit Byram Self Storage in Port Chester, N.Y. and the 1,063-unit New Haven Self Storage in New Haven, Conn., sold for a combined $25 million, which equates to more than $218 per square foot.
  • Three-Property, Self-Storage Portfolio in Atlanta Area Sold by Marcus & Millichap
    By Marcus & Millichap
    ATLANTA, April 19, 2016 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of a three-property, 216,000 square foot, 1,773-unit self-storage portfolio in the Atlanta MSA.
  • 2,000-Unit, Self-Storage Portfolio Sale Arranged by the Mele Group of Marcus & Millichap
    By Marcus & Millichap
    NEW YORK, April 18, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of a two-property self-storage portfolio located in Port Chester, New York and New Haven, Connecticut. The portfolio sold for a total of $25 million, or more than $218 per square foot.
  • Tampa Area Self Storage Portfolio Sold for $47.9M: Northeast REITs Trade 2,300 Units
    By Justin Sumner, CoStar
    A New York-based real estate investment trust has sold a portfolio of three self-storage facilities located in the Tampa - St. Petersburg - Clearwater MSA to a Pennsylvania-based REIT for $47.93 million, or an average $21,000 per unit. Michael Mele and Luke Elliott with Marcus & Millichap (NYSE: MMI) represented the seller and procured the buyer in the sale.
  • Marcus & Millichap Arranges the Sale of a 29,370-Square Foot Self-Storage Facility
    By Marcus & Millichap
    OAKBROOK TERRACE, IL, April 14, 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 Antioch Storage, a 29,370-square foot self-storage facility with vacant land for potential expansion located in Antioch, IL, according to Steven D. Weinstock, first vice president / regional manager / managing broker of the firm's Chicago Oak Brook office.