1,622 Gulf Coast Self-Storage Units Trade Hands
TAMPA, FL, March 30, 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 two Add A Room Self Storage facilities in Southwest Florida, one in Sarasota and one in Bradenton. Together, the properties total 182,268 net rentable square feet and 1,622 units.
The Mele Group Arranges the Sale of Magnolia Self Storage in the Orlando MSA
SANFORD, FL, March 24, 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 Magnolia Self Storage, a 32,725-square foot self-storage located in Sanford, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.
Niche Player: Marcus & Millichap
Clients say Marcus & Millichap’s methods pay off. "They see both the buy side and the sell side, so therefore they’re capable of making deals that work for everyone," says Liz Schlesinger, founder and CEO of Merit Hill Capital, a New York-based company that specializes in self-storage investments and owns more than 200 properties in 26 states. "And they’re very clear at Marcus & Millichap who the client is, and they work to get the best outcome for them," adds Schlesinger, who has acquired more than a dozen properties using the firm’s Tampa office during the past decade. "I deal with brokers all over, and Mike Mele with their Tampa operation is easily one of the best I’ve worked with in the whole country."
The Mele Group of Marcus & Millichap Arranges the Sale of a 76,050 NRSF Self-Storage Facility
BIXBY, OKLAHOMA – 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 Self Storage Depot, a 76,050 square-foot, self-storage facility located in Bixby, Oklahoma, according to J. Michael Watson, regional manager of the firm’s Tulsa office.
Real Estate Roundup: Self-Storage Transactions February 2017
A private investor has purchased the seven-property U-Store All portfolio in Oklahoma City. The acquisition includes 404,637 rentable square feet of storage space. The buyer and the seller, an LLC, were represented in the deal by The Mele Storage Group of Marcus & Millichap investment specialists Michael A. Mele and Trey Hammond.