The Mele Storage Group
Phoenix-Area Self-Storage Assets Find Out-of-State Owner
Marcus & Millichap’s The Mele Group arranged the sale of a 608-unit self-storage portfolio, offering 86,963 square feet of rentable space. The two facilities offer value-add opportunities.
Phoenix Self Storage Lands New Owner
The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.
Iron Gate Self-Storage Portfolio Changed Hands
The sale of the 1,466-unit portfolio was the largest self-storage transaction in Elkhart County, Ind. The six facilities have recently undergone improvements worth $1.1 million.