FORT MYERS, FLA., January 21, 2013– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 71,229 square foot self-storage facility located in Fort Myers, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office.
Charles “Chico” LeClaire, a senior vice president investments in Marcus & Millichap’s Denver office and Michael A. Mele, a first vice president investments in the firm’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company based in California. The Florida-based buyer was also secured and represented by LeClaire and Mele.
This self-storage facility was built in 2007 and is situated on approximately 4.8 acres of land. This investment has 537 self-storage units, of which 351 are climate controlled units, 116 are non-climate controlled units and 70 are RV/boat parking spaces. Storage units range from 20 to 480 square feet. The facility consists of one two-story building and three one-story buildings of concrete block with stucco finishing, garage-style, roll-up doors and steel seam roofs.
Amenities are top-of-the-line and include climate controlled units, drive-up units, security cameras, computerized gate entrance, roll-up doors, a manager’s office and a manager’s apartment above the front office.
“We were inundated with sellers demanding to close by year end to avoid the raise in capital gains tax in 2013,” says Mele. “This self-storage transaction is a direct result of that push.”
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.