Wednesday, August 29, 2012

Marcus & Millichap Lists $25 Million Self-Storage Portfolio in Palm Harbor, FL


  TAMPA, FL, Aug. 29, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has the exclusive listing to market a three-property, 2,250-unit portfolio in Florida for Safeguard Self Storage (top left photo).

Located in Palm Harbor, Tampa and St. Petersburg, the storage assets are listed at $25 million, or $111 per square foot. The properties may be acquired individually or as a portfolio.

Michael Mele (lower right photo), a first vice president investments and senior director of the firm’s National Self-Storage Group (NSSG) in Tampa, is representing the seller, Safeguard Self Storage.

“A savvy investor has the opportunity to acquire three Class A self-storage facilities in the highly desirable Tampa Bay region,” says Mele. “Extremely well-located with excellent highway visibility, these properties feature a variety of amenities, which further enhance their long-term investment value.”

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

Stacey Corso
Public Relations Manager
(925) 953-1716

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