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22

Marcus & Millichap Facilitates Self-Storage Sale

By Tony Seruga

Michael Mele and Luke Elliott, both investment specialists, brokered the sale on behalf of the seller, a limited liability company, and procured the buyer, a private investor.

Marcus & Millichap has arranged the sale of Extra Secure Self Storage, a 76,236-square-foot self-storage facility in Pompano Beach, Fla. The company marketed the property on behalf of the seller, a limited liability company and procured the buyer, a private investor under the name Value Store It.

The facility, situated at 2250 N. Powerline Road, at the intersection of Florida State Road 845 and West Copans Road, is exposed to approximately 75,000 vehicles per day. Extra Secure Self Storage also has access to Florida’s major thoroughfares, specifically Interstate 95 and State Road 91—Florida’s Turnpike. Completed in 2009, the four-story building comprises climate- and non-climate-controlled units, ranging from 25 to 288 square feet…

Marcus & Millichap Facilitates Self-Storage Sale

Categories : Commercial Real Estate

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