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NEW ORLEANS-A California-based REIT has purchased 117,155 squarefeet in a self-storage facility named Sure Save USA Self-Storage inNew Orleans for an amount of $3.4 million. The sale of the propertywas announced by Marcus & Millichap Real Estate InvestmentServices.

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Michael A. Mele, VP and Senior Director of Marcus &Millichap's National Self-Storage Group in Tampa had the listing tomarket the facility in the name of both the seller and the buyer.The facility comprises 736 units. For the full story, go toFlorida Real Estate Journal.


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