TAMPA, FL – May 13, 2008--The Mele Group and The LeClaire Team of Marcus & Millichap announced the sale of three U∙Store∙It properties in Florida.Located in Miami, Leesburg, and Lakeland and as part of a 21 property portfolio lo
cated in five states, these represent the first three properties to close in the state of Florida.
cated in five states, these represent the first three properties to close in the state of Florida. The properties include U-Store-It, Lakeland, FL, 47,880 nrsf on 3.0 acres (storng physical occupancy); U-Store-It, Leesburg, FL, 60,040 nrsf on 3.93 acres (great market demographics); and U-Store-It, 77th Ave, Miami, FL, 57,240 nrsf on 2.51 acres (exposure on Palmetto Expressway).
The 77th Avenue Miami location sold for $2,175,000 and the Leesburg location at $2,400,000 to the same purchaser, a private partnership based in South Florida.
The U∙Store∙It Lakeland facility, closed at $2,050,000 to a private investor out of Florida. Michael A. Mele (top right photo) of Marcus & Millichap’s Tampa office and Chico LeClaire, of Marcus & Millichap’s Denver office represented both the buyer and seller in the transactions.
CONTACT: 
Michael A. Mele
Marcus & Millichap
813 387 4700
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