LONGWOOD, FL, March 18, 2016 – 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 All American Self Storage of Longwood, a 65,510-square foot self-storage facility located in Longwood, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office.
Michael A. Mele, senior director of the firm’s National Self Storage Group and senior vice president investments in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Michael A. Mele.
“Mike has assisted us with self-storage over the past 13 years. Self-storage has been great for my family and me, and we could not have done it without Mike’s help,” said the seller.
All American Self Storage of Longwood is located at 460 Florida Central Parkway in Longwood, Florida. The property is only 2.4 miles east of Interstate 4 and just south of West State Road 434, and is part of the Orlando MSA, one of the most visited tourist destinations in the world. All American Self Storage of Longwood includes a one-story facility containing 65,510 net rentable square feet. There are currently 91 climate controlled units and 449 non-climate controlled units. The storage units range in size from 25 to 800 square feet. This facility also has 12 rentable parking spaces to accommodate RV, boat and vehicle storage.
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About Marcus & Millichap (NYSE: MMI)
With over 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com