News

  • Real Estate Roundup: Self-Storage Transactions January 2017
    By Inside Self Storage
    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
    By Marcus & Millichap
    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.
  • Marcus & Millichap Arranges the Sale of AA Accredited Storage in Clearwater, Florida
    By Marcus & Millichap
    CLEARWATER, FL, January 20, 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 AA Accredited Storage, a 358-unit self-storage facility located in Clearwater, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.
  • Marcus & Millichap Secures the Sale of a 178,680-NRSF Self-Storage Portfolio
    By Marcus & Millichap
    MONTGOMERY, AL, January 13, 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 Montgomery Alabama Portfolio, a 178,680-NRSF self-storage portfolio located in Montgomery, AL, according to Joseph W. McKibben, regional manager of the firm's Birmingham office.
  • 1.5-Acre Self-Storage Development Parcel Trades for $11m
    By Marcus & Millichap
    BETHESDA, Md., Jan. 6, 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 a 1.5-acre parcel of land, located in Bethesda, Maryland. The buyer plans to redevelop the site with a class-A self-storage facility, according to Bryn D. Merrey, senior vice-president/division manager of the firm’s Mid-Atlantic and Southeastern offices. The land sold for $11 million, approximately $7.3 million per acre.