The Mele Group Secures the Sale of Oklahoma City MSA Storage Portfolio
Trey Hammond and Michael A. Mele, investment specialists in Marcus & Millichap’s Tulsa and Tampa offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Trey Hammond and Michael A. Mele.
The Mele Storage Group of Marcus & Millichap Arranges the Sale of a 404,637- NRSF Self-Storage Portfolio
OKLAHOMA CITY, OK, February 8, 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 the U-Store All Portfolio, a 404,637-rentable square foot, self-storage portfolio located in the Oklahoma City, Oklahoma Metro Area, according to J. Michael Watson, regional manager of the firm’s Tulsa office.
Scottsdale Firm Purchases Land in Maryland for Self-Storage Facility
Scottsdale-based 1784 Capital Holdings LLC intends to develop a self-storage facility on 1.5 acres in Bethesda, Md. The company acquired the property at 5204 River Road, for $11 million. It will redevelop the site, which is occupied by a tenant, according to a press release.
Real Estate Roundup: Self-Storage Transactions January 2017
AA Accredited Storage in Clearwater, Fla., was sold to a private investor. The property at 14433 62nd St. N. comprises 16,419 rentable square feet. The seller was represented in the real estate transaction by Brian Baldwin, investment associate, Luke Elliott, vice president of investments, and Michael A. Mele, senior managing director of investments, in the Marcus & Millichap Tampa, Fla. office.
The Mele Group Arranges the Sale of a 24,195-Rentable Square Foot Self-Storage Facility
Richmond, IN, January 27, 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 Westside Storage, a 24,195-square foot self-storage located in Richmond, IN, according to Josh Caruana, regional manager of the firm's Indianapolis office. The asset sold for $1,100,000.