{"id":1004204321,"date":"2018-01-19T14:31:03","date_gmt":"2018-01-19T22:31:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004204321"},"modified":"2022-12-08T09:38:14","modified_gmt":"2022-12-08T17:38:14","slug":"marcus-millichap-brokers-sale-of-bay-area-mini-storage","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/","title":{"rendered":"Marcus &amp; Millichap Brokers Sale of Bay Area Mini Storage"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004204324\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004204324\" data-attachment-id=\"1004204324\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/bay-area-mini-storage\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Bay Area Mini Storage\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Bay Area Mini Storage&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg?w=800\" class=\"wp-image-1004204324 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\" alt=\"Bay Area Mini Storage\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004204324\" class=\"wp-caption-text\">Bay Area Mini Storage<\/p><\/div>\n<p>The Mele Group of Marcus &amp; Millichap has arranged the sale of Bay Area Mini Storage, a 95,479-rentable-square-foot facility in Corpus Christi, Texas. The firm marketed the property on behalf of the seller, a limited liability company, as well as the buyer, a private investor.<\/p>\n<p>Located at 2301 Rodd Field Road, the property is close to\u00a0Texas Highway 358. Originally built in 2003, Bay Area Mini Storage continued expanding in 2006, 2014 and 2016, in response to the increasing population of the city. The seven-building facility comprises 635 climate- and non-climate-controlled units, ranging from 10 to 1500 square feet. Features of the property include drive-up access, security cameras and RV parking options.<\/p>\n<p><em>\u201cAs South Texas continues its population boom, Corpus Christi has emerged as a major destination for migration. More importantly, this property was located in the heart of new, single-family and multifamily housing developments in Corpus Christi,\u201d<\/em> said Jon Danklefs, investment specialist at Marcus &amp; Millichap, in prepared remarks.<\/p>\n<p>The brokerage team included Danklefs and Michael Mele. In December 2017, Marcus &amp; Millichap arranged the sale of a 44,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/chicago-area-self-storage-facility-changes-hands\/\">self-storage asset in Romeoville<\/a>, Ill.\u00a0<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mele Group, the company\u2019s self-storage team, marketed the 635-unit facility located in Corpus Christi. The team represented both the seller and the buyer in the transaction. <\/p>\n","protected":false},"author":871,"featured_media":1004204324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742],"tags":[34836,32927,36367],"class_list":["post-1004204321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","tag-marcus-millichap","tag-michael-mele","tag-the-mele-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marcus &amp; Millichap Brokers Sale of Bay Area Mini Storage - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcus &amp; Millichap Brokers Sale of Bay Area Mini Storage\" \/>\n<meta property=\"og:description\" content=\"The Mele Group, the company\u2019s self-storage team, marketed the 635-unit facility located in Corpus Christi. The team represented both the seller and the buyer in the transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-19T22:31:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T17:38:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/\",\"name\":\"Marcus &amp; Millichap Brokers Sale of Bay Area Mini Storage - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\",\"datePublished\":\"2018-01-19T22:31:03+00:00\",\"dateModified\":\"2022-12-08T17:38:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/BAy-Area-Mini-Storage.jpg\",\"width\":800,\"height\":620,\"caption\":\"Bay Area Mini Storage\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-sale-of-bay-area-mini-storage\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Marcus &amp; Millichap Brokers Sale of Bay Area Mini Storage\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. 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