Marcus & Millichap Brokers Sale of Five Self-Storage Facilities in Oklahoma
TULSA, Okla. – Marcus & Millichap (NYSE: MMI) has arranged the sale of a 1,876-unit Storage Station portfolio made up of five self-storage properties located in Tulsa, the second largest city in Oklahoma.
Real Estate Transactions May 9, 2016
The Bradenton Herald reported all real estate transactions as of May 9, 2016.
Five-Property, Self-Storage Portfolio Arranged by Marcus & Millichap
TULSA, Okla., May 5, 2016 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a five-property, 1,876-unit Storage Station self-storage portfolio in Tulsa.
Luke Elliott and Michael Mele Secure the Sale of Port St. Lucie, Fla. Self-Storage Facility
Port St. Lucie, FLA., May 5, 2016 - The Mele Group of 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 530-unit, 53,111-net rentable square foot self-storage facility located in Port St. Lucie.
Real Estate Roundup: Self-Storage Transactions April2016
"Demand for Florida self-storage properties is vigorous, especially for top-quality assets like these with historically strong physical occupancies," said Michael Mele, senior vice president of investments in the Marcus & Millichap Tampa, Fla., office and senior director of the firm’s National Self Storage Group (NSSG). "The strength of the Tampa [Metropolitan Statistical Area], combined with the lack of supply, made this portfolio extremely valuable.”