News

  • Record-Breaking Self-Storage Portfolio Sale in Greater Milwaukee
    By Marcus & Millichap
    CHICAGO, April 26, 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 self-storage facilities in the Greater Milwaukee area, The Vault of Menomonee Falls and The Vault of Waukesha. The two properties sold for a total of $17,075,000, which equates to just under $118.00 per square foot. The sales price is the highest on record for a self-storage portfolio in the Milwaukee-Waukesha-West Allis metropolitan statistical area (MSA).
  • U-Haul adding two Waukesha County locations through acquisitions
    By Sean Ryan, Milwaukee Business Journal
    ​U-Haul Co. of Southeastern Wisconsin is continuing its expansion, taking over two self-storage facilities in Waukesha and Menomonee Falls through a recent purchase valued at more than $17 million.
  • Self-Storage Asset Changes Hands in Maricopa County
    By Evelina Croitoru, Commercial Property Executive
    The Mele Group of Marcus & Millichap closed on the sale of a 26,875-square-foot self-storage property comprising 250 units. Yardi Matrix data shows that the facility traded for $2.4 million.
  • Sale of Tolleson, Arizona Self-Storage Facility Arranged by The Mele Group
    By Marcus & Millichap
    TOLLESON, ARIZONA, April 21, 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 Tolleson Self Storage, a 26,875-rentable square foot self-storage facility located in Tolleson, Arizona, according to Ari Ravi, Regional Manager of the firm’s Tampa office.
  • The Mele Group Secures the Sale of New Palestine, Indiana Self Storage Facility
    By Inside Self Storage
    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 J & B Storage, a 29,500-net rentable square foot, self storage facility located in New Palestine, IN, according to Josh Caruana, regional manager of the firm’s Indianapolis office.