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.


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.

GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.