Michael A. Mele, Executive Vice Chairman at Cushman & Wakefield. Self-storage investment specialist.

TAMPA
Joined July 2011
JUST CLOSED | Tallahassee, FL Sometimes, the best advice is to wait. We helped the seller strengthen occupancy and rental rates before going to market, ultimately closing the 663-unit facility with Public Storage. Knowing when to sell is just as important as how to sell.
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JUST CLOSED | North Carolina 4-Property Self-Storage Portfolio Spanning the #Asheville, #Charlotte, and #Greensboro markets, the portfolio totals 278,039 rentable square feet and was approximately 66% occupied. #selfstorageinvestment #cre #northcarolina #TheMeleGroup
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JUST CLOSED | Flowery Branch, Georgia After four previous brokerage efforts failed to result in a sale, our team successfully closed WeStore in Flowery Branch, Georgia. #WeStore #FloweryBranch #GeorgiaSelfStorage #CRE #SelfStorageInvesting #TheMeleGroup
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JUST LISTED | Woodburn, OR Woodburn Self Storage is a 2024-vintage facility with 790 units and 193,380 NRSF. Currently 72% occupied with more than 161,000 SF leased in 31 months. Offered at market bid. #selfstorage #cre #woodburn #justlisted buff.ly/gxaRkBQ
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JUST CLOSED | Tampa, FL Another #TampaBay transaction across the finish line. → 653 units → 69,045 NRSF → 86.3% physical occupancy as of March 2026 Congratulations to the buyer, seller & team on a well-executed transaction. #SelfStorage #CRE #TheMeleGroup @cushwake
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Just Closed | 📍Plantation, FL Our team closed the sale of this Class A, Extra Space Storage-managed facility in South Florida. 🏢 924 units 📐 94,205 NRSF Another transaction across the finish line for the @cushwake team #selfstorageindustry #SSA2026 @SelfStorageAssn
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Occupancy doesn't tell the whole story. Two #selfstorage assets can show the same occupancy and similar rents, but one may have relied heavily on concessions to get there, while the other held rate. Same headline, potentially very different economics. #cre #SelfStorageInvesting
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Alongside our quarterly national report, we publish a Top 50 MSA report — individual market-level studies, metro by metro. Storage is a local asset class, and the national number hides everything that matters. #selfstorage #cre #SelfStorageInvesting buff.ly/aSRCGQU
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JUST CLOSED | Red Bank, NJ — Class A self-storage, 58,789 SF, 552 units, 92.6% occupied. A Core+ asset in one of the most supply-constrained markets in the US: NJ at 3.67 SF/capita vs. 6.36 nationally. #selfstorage #cre #JustClosed #redbank
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Just Closed | South Tampa, FL — a two-property self-storage portfolio, 90,816 SF across 1,057 units in one of the nation's strongest storage markets. #selfstorage #cre #JustClosed #TampaRealEstate
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Just Closed | Mobile, AL — Class A self-storage, 77,805 SF, 701 climate-controlled units, 93.8% occupied. Built 2022, one of only four facilities built post-2020 in its trade area. #selfstorage #cre #JustClosed
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Self-storage concessions are the early signal most people miss. When operators stop discounting to maintain occupancy, pricing power rebounds, often before it shows up in reported rents. #selfstorage #cre #SelfStorageInsights → buff.ly/ZcOK4o0
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JUST CLOSED | Denver, CO - Modern construction. Premier urban infill locations. Strong surrounding demographics and meaningful embedded upside. #selfstorage #cre #melestoragegroup #cushwake #themelegroup #DenverRealEstate #JustClosed #CommercialRealEstate
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The best transactions rarely happen because of one person. Research, valuation expertise, buyer relationships, #CapitalMarkets resources, and local market intelligence all play a role. Platform matters #CRE #selfstorage
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One of the biggest misconceptions in #selfstorage today: buyers have disappeared They haven't. They've become more selective, making the market more disciplined. Facilities with strong fundamentals, operational upside, and clear growth opportunities continue to attract attention.
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Most sellers come to market with a number based on a deal from two years ago. Honest valuation starts with what the market will actually pay today — not what the seller needs it to be. That's the foundation that makes everything else work. #selfstorage #cre #SelfStorageInvesting
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Self-storage Q1 data: occupancy flat, rents down year-over-year. What institutional buyers are actually doing: moving aggressively on stabilized core assets in top MSAs. The data and the deals are telling two different stories right now. buff.ly/8RJ2ifE
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Most brokerage businesses are built around getting the next listing. #TheMeleGroup is built around the relationships that make listings unnecessary — 28 years in this business, knowing the buyers, knowing the markets, being in the conversation #selfstorage #cre
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#SelfStorage portfolio sale: #MemphisTN 8 facilities. Nearly 500,000 SF. Got under contract in January 2020. COVID hit. Buyer's lender pulled out. Capital markets froze. We found new financing, managed extensions, and closed in June 2020. #cre #MemphisTN buff.ly/Vwb5pA2
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