Marcus & Millichap Real Estate Investment Services has promoted Michael A. Mele to first vice president of investments, one of the highest levels of recognition the firm awards to its investment specialists. It represents excellence in the development and servicing of long-term client relationships, according to Bryn Merrey, vice president and regional manager of the firms Tampa, Fla. office.
Mele joined the firm in May 1999 and was promoted to senior associate in May 2002. He was named vice president of investments in January 2008. He has received nine sales-recognition awards from Marcus & Millichap.
Mele specializes in the sale of self-storage investment real estate. He is a senior director of the firms National Self-Storage Group and was the firms No.1 self-storage agent in 2010 and 2008.
Founded in 1971, Marcus & Millichap is one of the nations largest firms specializing in commercial real estate investment services. With more than 1,200 real estate specialists in 70-plus offices, the company closed 4,302 transactions in 2010. Marcus & Millichap includes a National Self Storage Group that specializes in self-storage real estate transactions.