News

  • Looking ahead to ‘Life’ after Uncle Bob
    By Alexander Harris, SpareFoot Storage Beat
    A new name is expected to give self-storage operator Sovran Self Storage a competitive boost. CEO David Rogers said changing the brand name of its self-storage stores from Uncle Bob’s to Life Storage is likely to boost occupancy over the next several months.
  • The Mele Storage Group of Marcus & Millichap Arranges the Sale of a 36,150-Square Foot Self-Storage Facility
    TULSA, Oklahoma, August 8, 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 38th Street Mini Storage, a 36,150 rentable square foot self-storage facility located in Tulsa, Oklahoma.
  • Live From the 2016 ISS Expo Michael Mele Discusses Self-Storage Real Estate Trends
    By Inside Self Storage
    In this video, filmed at the 2016 Inside Self-Storage World Expo, Michael Mele, senior director of Marcus & Millichap’s National Self Storage Group, talks about self-storage real estate trends. He offers insight into what’s driving the increase in industry acquisitions as well as how new development could affect the real estate market. He also discusses what’s on the horizon for self-storage real estate for the remainder of the year and into 2017. For more details on the ISS Expo, view the ISS image gallery and read this article recapping the event.
  • 1H 2016 Self-Storage Market Series: Industry Outlook (Part 1)
    By The Mele Storage Group of Marcus & Millichap
    Join the Mele Group of Marcus & Millichap's Michael Mele and Luke Elliott as they reflect on the self-storage market of 1H 2016 and beyond. Part 1: Industry Outlook of the video series discusses self-storage transactions, rental rates and occupancies.
  • Marcus & Millichap Brokers Sale of Self-Storage Portfolio in Charlotte MSA
    By Adriana Pop, Commercial Property Executive
    Charlotte, N.C– The Mele Group of Marcus & Millichap has arranged the sale of a three-property, 881-unit self-storage portfolio located in metro Charlotte, N.C.

    Tampa-based Brian Baldwin, investment associate, Elliott, associate vice president of investments and Michael Mele, senior vice president of investments, all in part of The Mele Storage Group, had the exclusive listing to market the portfolio on behalf of the seller, a private investor. The group also secured the buyer, Volta Global, a private investment group active in venture capital, private equity, real estate and public markets.