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Marcus & Millichap Brokers Sale of 83K-SF Self-Storage Facility in Central Florida

Marcus & Millichap has arranged the sale of Storage Authority, an 82,850 square-foot self-storage facility located in Mulberry, FL. The sales price was $14 million.

Storage Authority is located in Polk County, which is a rapidly growing area in Central Florida.  The facility is about 25 miles east of downtown Tampa and features 660 total units totaling 82,850 net rentable square feet while being situated on over nine acres of land.

Nathan Coe, Meir Perlmuter, Brett Hatcher and Gabriel Coe of Marcus & Millichap’s Columbus office represented the undisclosed seller in the transaction. Marcus & Millichap’s Ryan Nee, Florida Broker of Record and Division Manager, assisted in closing this transaction. The buyer was not disclosed.


Inside The Story

Marcus & Millichap’s Coe

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.