Saturday, January 31, 2009

Michael Mele Named Top Marcus & Millichap Storage Agent for 2008

TAMPA, FL-- Marcus & Millichap has announced Michael Mele, (top right photo) Vice President/ Investments, as the firm’s number one self storage agent.

The Top 30 list is comprised of Marcus & Millichap’s self storage investments specialists who are ranked by 2008 performance, with Mele showing up as top performer.

Michael’s ability to gain the top self storage spot is derived from his ability to achieve results.

In 2008 alone, while others were waiting on the market, Mele was making a market. He and his team closed 24 separate transactions, comprised 36 properties, between 16 different buyers.

For Mike Mele and his team, with over $95 million in closed deals, 2008 proved to be another banner year.
Furthermore, Mele’s closings were almost one third of the firm’s National Self Storage Group, which closed on over 100 self storage facilities in ‘08, totaling more than $275 million.

“Through utilizing the Marcus & Millichap’s nationwide platform we had the ability to work extensively with brokers from the firm allowing us a greater reach to potential investors.
"We were able to spot the changing market and revive the private investor pool” says Mele. “Our 24 separate transactions took place between 16 different buyers; this truly is a testament to the Marcus & Millichap system”

Mike joined Marcus & Millichap in 1999 to specialize in the sale of self storage facilities. He gained entrance into the firm’s prestigious Seven-Figure Club in 2004, was inducted as a Senior Investment Associate in 2005, and earned the firm’s National Achievement Award six consecutive times.

He currently serves as a Senior Director in the National Self Storage Group and was most recently promoted to Vice President/ Investments in early 2008. In addition to these accolades Mele has received sales recognition awards annually since joining the firm and has closed over $450 million in self storage properties.
Contact: Michael A. Mele, Marcus & Millichap, 813 387 4700.

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