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| Brian Baldwin |
SANFORD, FL, March 28,
2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate
investment services firm with offices throughout the United States and Canada,
today announced the sale of Magnolia Self Storage, a 32,725-square foot self-storage
located in Sanford, Florida, according to Ari Ravi, regional manager of the
firm’s Tampa office.
Brian Baldwin,
associate, Luke Elliott, vice
president investments, and Michael A.
Mele senior managing director investments, all in Marcus & Millichap’s
Tampa office, had the exclusive listing to market the property on behalf of the
seller and procured the buyer.
“In the past 18 months,
the number of private client transactions has increased, and the sale of
Magnolia Self Storage is indicative of this trend,” states Mele.
Magnolia Self Storage, a
31,200-net rentable square foot facility, is located at 2530 South Magnolia
Avenue in Sanford, Florida.
It is comprised of 265 climate controlled and
non-climate controlled units, ranging from 25 to 600 square feet, 25 boat and
RV parking spaces and an on-site manager’s apartment. The facility sits on
approximately 2.58 acres in Sanford, Florida, a principal city of the
Orlando-Kissimmee-Sanford Metropolitan Statistical Area.
For a
complete copy of the company’s news release, please contact:
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
Tampa, FL 33607
(813) 387-4700 main
(813) 469-2206 mobile
(813) 387-4710 fax
debi.stolberg@marcusmillichap.com
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