Marcus & Millichap Arranges the Sale of a Sterling's Budget Self Storage for $8.9 Million
STERLING, VA, Apr. 11, 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 Budget Self-Storage, a 56,795-square foot self-storage facility located in Sterling, VA, according to Bryn D. Merrey, regional manager of the firm's Washington, D.C. office. Overall, the asset consisted of 527 non-climate controlled units, ranging from 10 to 525 square feet, and was constructed in 1987 of solid concrete and metal framing.
Michael Mele Recognized As Top of Category in Pinnacle Awards
Recognized as tops in their categories were Deron Thomas of Industrial Realty Solutions; Michael Mele of Marcus & Millichap; Nancy Surak, now of Land Advisors Organization; Dean Saunders of Coldwell Banker Commercial Saunders Real Estate; Ryan Sampson of Eshenbaugh Land Co.; Thomas Hernandez of Ciminelli Real Estate Services; Tom Chamblee of Colliers International Tampa Bay; Mark Klein of Klein & Heuchan Inc.; Heidi Tuttle-Beisner of Commercial Asset Partners Realty; Sage Andress of Sunmark Realty; Carol Kinnard of Hold Thyssen Real Estate Services; Jack Cohen of Cohen Commercial Real Estate; and Heather Whitacre of Fidelity National Title. - See more at: http://www.businessobserverfl.com/section/detail/cushman-hits-pinnacle-of-awards/#sthash.MUArJw4v.dpuf
Tampa MSA Self-Storage Portfolio Sells for $47.9 Million
TAMPA, April 7, 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 a three-property, 2,291-unit self-storage portfolio. The properties are located in Saint Petersburg, Palm Harbor and Tampa. The total sales price for the portfolio is $47,925,000.
Marcus & Millichap Closes Sale of Florida Self-Storage Property
Beverly Hills, Fla.–Richard Matricaria, regional manager of Marcus & Millichap’s Tampa office, has announced the sale of Diamond Self Storage, a 44,793-square foot self-storage facility located in Beverly Hills, Fla.
Real Estate Roundup: Self-Storage Transactions March 2016
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Following are additional acquisitions and sales that weren’t covered independently due to missing information such as buyer, seller, sale price or other relevant details.