Inside Self-Storage (ISS) has released a new installment to its Sounds of Storage podcast series titled, “Michael Mele Discusses the Trump Administration Effect on Self-Storage Real Estate.” The seven-minute interview with the senior managing director of investments for Marcus & Millichap addresses industry real estate trends and how the sector is performing. Mele also offers insight on potential interest-rate increases and how legislative variations could impact owners and investors. This audio and others in the series can be accessed by visiting the ISS podcasts page.
Mele joined Marcus & Millichap in 1999 as an agent specializing in the self-storage sector. He rose to senior associate in May 2002, vice president of investments in January 2008, senior vice president of investments in 2014, and senior managing director of investments in February. He’s also senior director of the company’s National Self Storage Group. Mele has closed more than 300 self-storage transactions totaling more than $1.5 billion in sales volume. He’s been awarded the Marcus & Millichap National Achievements Award, Chairman’s Club Award and the Chairman’s Circle of Excellence Award.
Mele has been a regular contributor to the ISS family of products, including the magazine, expo, website and store. His 2017 ISS World Expo presentation on self-storage real estate cycles and property values can be found at insideselfstoragestore.com.
For more than 25 years, ISS has provided informational resources for the self-storage industry. Its educational offerings include ISS magazine, the annual ISS World Expo, an extensive website, the ISS Store, and Self-Storage Talk, the industry’s largest online community.