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| Quality Self Storage, 18524 US Highway 19 North, Pinellas County, Clearwater, FL |
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| Michael A. Mele |
CLEARWATER, FL – Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has announced the sale of Quality Self Storage, a 53,720-square foot
self-storage facility located in Clearwater, Florida, according to Richard D.
Matricaria, regional manager of the firm’s Tampa office. The asset sold for
$4,430,000.
Michael A. Mele,
a first vice president investments in Marcus & Millichap’s Tampa office
represented the buyer, a limited liability company based in New York and the
local seller.
Quality Self Storage is an institutional quality
self-storage facility built in 2001 and located at 18524 US Highway 19 North,
in Pinellas County, the most densely populated county in Florida.
This stabilized
asset has 478 units, of which 407 are climate controlled, 68 are non-climate
controlled and three units are for outside parking. Units range in size from 25 to 600 square feet and the property
layout consists of five storage buildings with one manager’s office building.
Amenities at this location include: digital surveillance, keypad entry, surround
sound stereo system, drive-up units, roll-up doors, two freight elevators and a
wide variety of unit sizes.
“This is a great example of just how hot the self-storage
market in Tampa is,” said Mele in a statement.
“The property has generated a tremendous amount of interest.”
For a complete
copy of the company’s news release, please contact:
Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700
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