{"id":1004207047,"date":"2018-02-14T07:04:40","date_gmt":"2018-02-14T15:04:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004207047"},"modified":"2022-12-08T21:50:40","modified_gmt":"2022-12-09T05:50:40","slug":"marcus-millichap-arranges-self-storage-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-self-storage-sale\/","title":{"rendered":"Marcus &amp; Millichap Arranges Self-Storage Sale"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004207048\" style=\"width: 361px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Hyde-Park-Storage.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004207048\" data-attachment-id=\"1004207048\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-self-storage-sale\/hyde-park-storage\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Hyde-Park-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=\"Hyde Park Storage\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hyde Park Storage&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Hyde-Park-Storage.jpg?w=800\" class=\"wp-image-1004207048 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Hyde-Park-Storage.jpg\" alt=\"Hyde Park Storage\" width=\"351\" height=\"268\" \/><\/a><p id=\"caption-attachment-1004207048\" class=\"wp-caption-text\">Hyde Park Storage<\/p><\/div>\n<p>The Mele Group of Marcus &amp; Millichap has closed the sale of Hyde Park Storage, a 10,916-rentable-square-foot self-storage facility in Tampa. Marcus &amp; Millichap\u2019s investment specialists marketed the property on behalf of the seller and procured the buyer, both private investors.\u00a0<\/p>\n<p>Located at 1600 W. Platt St.,\u00a0the asset was built in 1990 and comprises 205 climate-controlled units ranging from 25 to 150 square feet. The storage facility is situated alongside the Selmon Expressway in a densely populated area.<\/p>\n<p><em>&#8220;We have worked with the seller for over 18 years to maximize their value through multiple market swings,&#8221;<\/em> said Michael Mele, investment specialist at Marcus &amp; Millichap, in prepared statements. <em>&#8220;Although a smaller site, this facility is uniquely positioned in the center of Hyde Park.&#8221; <\/em><\/p>\n<p>The brokerage team included Mele, Luke Elliott and Brian Fulton, investment specialists. Last month, Marcus &amp; Millichap also facilitated the sale of <a href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-facilitates-self-storage-sale\/\">Extra Secure Self Storage<\/a>, a 76,236-square-foot asset in Pompano Beach, Fla.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s self-storage advisory team, The Mele Group, brokered the sale of Hyde Park Storage, a 205-unit asset located in Tampa.<\/p>\n","protected":false},"author":871,"featured_media":1004207048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,1612],"tags":[32926,34836,32927,36367],"class_list":["post-1004207047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-tampa","tag-luke-elliott","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; 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