Saturday, June 29, 2013

46,750-SF Self Storage Facility in St. Petersburg, FL Sells for $2.575 Million


Super Storage II, 6415 54th Avenue, St. Petersburg, FL

Michael A. Mele
ST. PETERSBURG, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Super Storage II, a 44,867 square foot self-storage facility located in St. Petersburg, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset commanded a sales price of $2,575,000.

Michael A. Mele, a first vice president investments in Marcus & Millichap’s Tampa office, represented the seller of the property, a local developer.  

The buyer, a multifamily investor, from Tampa, was procured and represented by Michael A. Mele, Michael P. Regan and Francesco “Frank” Carriera, all in the firm’s Tampa office.

Michael P. Regan
Super Storage II, located at 6415 54th Avenue North, was built in 2005. 

  This is a modern, self-storage facility situated on approximately 2.44 acres of land.  This asset encompasses 424 units, of which 340 units are climate controlled, 78 are non-climate controlled and six are parking.  

Property amenities include:  perimeter fencing, gated entry, video surveillance, roll-up doors, electronic entry and a manager’s office. 

Francesco Carriera
“This is a great example of how ‘hot’ the self-storage product type is,” Mele said in a statement.  “Even multifamily investors are looking to add self-storage to their portfolio.”

“It demonstrates the strength of our firm and our ability to market assets on a platform that will be seen by investors of all product types,” adds Regan.

 For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager,
Tampa, FL
(813) 387-4700


1 comment:

Unknown said...

Useful blog and the prizes are very reasonable for getting safe self storage facility. This is affordable and we can easily store the spare luggage. This time I preferred Dallas units.