News

  • Michael A. Mele of the Mele Storage Group Ranked No. 1 Self-Storage Agent in Marcus & Millichap
    By The Mele Storage Group of Marcus & Millichap
    TAMPA, FLA., February 9, 2016 - The Mele Storage Group of Marcus & Millichap (NYSE: MMI) announced today that Michael A. Mele, Senior Vice President Investments and Senior Director of the National Self Storage Group (NSSG), is recognized as the top broker in the Tampa office of Marcus & Millichap and second throughout the firm's Florida offices for 2015. For the year overall, Mike has been ranked ninth in the company and first in self storage. Marcus & Millichap boasts more than 1,500 investment professionals throughout the United States.
  • Marcus & Millichap Arranges the Sale of a 68,079-Square Foot Self-Storage Facility
    By Marcus & Millichap
    NORTH AURORA, IL, February 2, 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 Property Storage, a 68,079-square foot self-storage located in North Aurora, IL, according to Steven D. Weinstock, First Vice President / Regional Manager / Managing Broker of the firm's Chicago Oak Brook office.
  • Self-Storage Market Recap & Updates
    By Marcus & Millichap
    Join the Mele Group of Marcus & Millichap's Michael Mele and Luke Elliott as they reflect on 2015's self-storage market and discuss the market's possibilities for the following 12 months. Topics include occupancies, interest rates versus capitalization rates and REITs expanding into tertiary markets.
  • $17.9 Million Self-Storage Transaction in Palm Beach County Arranged by Michael Mele and Luke Elliott
    By Marcus & Millichap
    BOYNTON BEACH, Fla., Jan. 29, 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 US 1 A/C Self Storage, a 74,679-net-rentable-square-foot self-storage facility in Boynton Beach, Fla. The property sold for $17.9 million, which equates to $240 per square foot, one of the highest ever recorded for a Florida self-storage facility.
  • The Mele Group Shares 2016 Self Storage Trends Infographic
    By Alex Hassel, Storage.com
    Would you like to take a look into the future of self storage? The Mele Group has a crystal ball for you. After surveying nearly 100 self storage facility owners and REITS about their thoughts on the industry over the next year, The Mele Group is giving us a closer look at the expected self storage trends for 2016.