The Mele Group of Marcus & Millichap Arranges the Sale of a 128,240-NRSF Self-Storage Facility
PHOENIX, AZ, June 19, 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 Phoenix Self Storage, a 128,240-rentable square foot self-storage facility located in Phoenix, Arizona, according to Ari Ravi, regional manager of the firm’s Tampa office.
Marcus & Millichap Brokers Sale of 792-Unit Self-Storage Facility in Chicago
CHICAGO — Marcus & Millichap has brokered the sale of Canal Street Self Storage in Chicago for an undisclosed amount. The 66,063-square-foot, 792-unit self-storage facility is located at 1601 S. Canal St. Canal Street Self Storage offers elevator access, 24-hour hour lockers, large truck and trailer access and two levels of docks for loading and unloading. The facility has a wide range of storage options such as eco-friendly storage containers, business documentation storage, climate-controlled units, uncovered boat/recreational vehicle parking spaces and wine storage. Sean Delaney and Michael Mele of Marcus & Millichap represented the seller, a private investor, and procured the buyer, a limited liability company based in the West.
792-Unit Self-Storage Asset Trades Hands in Chicago's South Loop
CHICAGO, May 17, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Canal Street Self Storage, a 66,063-square-foot, 792-unit self-storage facility in Chicago.
U-Haul Opens Two Self-Storage Locations in Milwaukee Suburbs
WAUKESHA, Wis. (May 9, 2017) — U-Haul is now serving do-it-yourself movers and self-storage customers at two new locations in Greater Milwaukee.
Population Growth, Rising Incomes Push Demand For Midwest Storage
Employment growth in Chicago and a steady increase in household formation pushes up the demand for more self-storage facilities, according to a report from Marcus & Millichap.