MARCUS & MILLICHAP'S MARKET INSIGHTS

Real Estate Delivers
Record-Breaking Third Quarter

  • What drove the strong third-quarter CRE performance?
  • Which property types had the best results? 
  • How does it impact the real estate investment outlook?

See our latest research reports on these topics and more at MarcusMillichap.com

JUST LISTED
Seffner, Self-Storage
Seffner, FL
List Price: $959,000
114 Units: Standard Units & Parking
Located in Desirable Tampa MSA
Below-Market Rents

JUST LISTED 
Crawfordville Self-Storage
Crawfordville, FL
List Price: $6,190,000
304 Units: Non & Climate-Controlled Storage, RV/Boat & 2 Rental Homes
Upside With Land for Expansion

UNDER CONTRACT
Maximus Self-Storage- Cocoa
Cocoa, FL
List Price: $3,245,400
250 Total Climate-Controlled Units
Well-Maintained & Stabilized | 93.6% Occupied | 4.75% CAP Rate
Recent Complete Facility Upgrades

PRICE REDUCTION
Kissimmee Self-Storage
Kissimmee, FL
List Price: $1,708,000
Stabilized Self-Storage Facility
Opportunity for Rental Increases
Units: 128 | 18,475 NRSF
Occupancy: 96%


JUST CLOSED
Airport Storage of Tampa
Tampa, FL
List Price: $4,033,000
Sold at Full List Price
Multiple Offers Received
5.5 Total Acres | Upside for Redevelopment/ Expansion
53,250 NRSF | Units: 196 |

JUST CLOSED
Sea Coast Self-Storage
Fort Pierce, FL
Sale Price: $5,250,000
Closed Well-Above List Price
13 Offers Received in 1st Week
Of Marketing
Asset Entered Market For 1st Time
All Cash Transaction

AVAILABLE
Downtown Clermont Mixed-Use Prime Redevelopment Site
Clermont, FL
List Price: Request for Offer
12 Acre Parcel
Next to Victory Pointe - Clermont's New Development for Major Events
PRICE REDUCTION
Self-Storage Redevelopment Opportunity
Sebring, FL
List Price: $750,000
Positive Cash Flow In-Place
Units: 33 | Occupancy: 97%
Price Per Square Foot: $66.75

MEET OUR NEW TEAM MEMBER
Jack Kaiser
Associate
Jack Kaiser is a self-storage investment specialist who exclusively represents buyers and sellers in Florida. Kaiser, a New Jersey native, recently graduated from The University of Alabama where he studied Finance and specialized in Real Estate. Following graduation, Kaiser relocated to Tampa Bay where he joined the Travis Self-Storage Group, the leading Marcus & Millichap Self-Storage team in the state of Florida.
 
Kaiser’s attention to detail and client-centric attitude allows him to help his clients, efficiently and effectively, with the acquisition, disposition, exchange, and financing of their self-storage assets. Kaiser is a team player who represents his clients in a fair and transparent way. With his polished interpersonal communication skills, unique personality, and a strong work ethic, Kaiser is determined to provide his clients with the highest level of brokerage services in the industry.
NATIONAL NEWS

Now That Self-Storage Has Caught Up to Millennials,
It’s Time to Start Thinking About Gen Z
Inside Self-Storage - October 23, 2021
More Self-Storage Units Coming To Coral Springs As Pandemic Creates Demand For More Storage Space
TAPinto - October 27, 2021
The Simple Reason CRE Is Outperforming Against
All Odds
GlobeSt - October 26, 2021
Madison Capital Group Launches BlueGate Boat/RV
Self-Storage Brand
Inside Self-Storage - October 28, 2021
A Huge Demand for Housing Leads to a Spike in
Multifamily Conversions
National Real Estate Investor - October 26, 2021
Even if Retail Sales Slow Drastically During the
Holidays, They Will Still be Stellar: Wells Fargo
Retail Dive - October 25, 2021
10 Cities With The Biggest Jump In Home Prices
of 2021
Forbes - October 25, 2021
Firmo Construction Breaks Ground on Marriott
Hotel Near Busch Gardens in North Tampa
Tampa Bay News Wire - October 18, 2021
Return-To-Office Rebounding After Delta Variant
Slowdown
Forbes - October 21, 2021
Higher Prices Help to Boost U.S. Retail Sales in
September
Yahoo Finance - October 15, 2021

TRAVIS SELF-STORAGE GROUP:
MEET OUR TEAM
Chris Travis
First Vice President Investments
Chris is the founder of the Travis Self-Storage Group in the firm's Tampa office. He exclusively represents buyers and sellers of investment properties throughout Florida. He joined Marcus & Millichap in 2010 because of the firm’s commitment to leveling the playing field for the private investor segment of the market by providing the same level of market research, advisory and access to buyers as institutional investors. His commitment to his client’s goals has helped him achieve numerous awards and titles, closing over 225 transactions, in 15 different states, the past 10+ years

Direct: 813-387-4800
License FL: BK3165641
Timothy J. Lamson, MBA
Associate
Tim has over 30 years of real estate and investment corporate management experience. He has served on a variety of corporate boards, non-profit organizations and other leadership roles. He has a wide range of business skills, sales experience, and an extensive customer service background. His primary role on the Travis Self-Storage Group is to help create a smooth transaction by implementing and supporting the strategies and profit goals of his clients. Tim’s principal focus is to devote his time and energy to his client’s needs, achieving the most favorable terms and highest net proceeds on behalf of his clients.

Direct: 813-387-4780
License FL: BK3455344
Tasha Coffman
Associate
Tasha has nearly 10 years of real estate sales experience. She has a wide range of sales experience and customer service skills. Growing up in a military family, a strong work ethic and dedication to detail have been ingrained from a young age. She loves spending her spare time giving back to her local central Florida community through her church and son’s baseball league. Specializing in single-tenant net-lease properties, Tasha works exclusively with buyers and sellers in the Florida market while leveraging the Marcus and Millichap national platform. Her principal focus is to align with her clients' needs, update them on current market conditions, and provide solutions for all of their needs. She believes that being open, transparent, and honest are key ingredients to fostering and keeping long-lasting relationships.

Direct: 813-387-4787
License FL: SL3299361
Hunter Robey
Associate
Hunter brings over 5 years of portfolio management and investment sales experience to the Travis Self-Storage Group. Having worked with both smaller accredited investors as well as larger institutional investors, Hunter has gained a unique insight on what matters to clients at all levels. Hunter exclusively represents buyers and sellers in the transacting of Self-Storage properties throughout Florida. Implementing a client-first attitude, Hunter’s key focus is to ensure institutional-grade research and advisory services are made available to all investors in his market segment. 

Direct: 813-387-4838
License FL: SL3505393
Brendan Lupkes
Associate
Brendan Lupkes is a single-tenant net-leased property specialist in Florida and is a member Travis Group. Brendan grew up in Ann Arbor, MI and moved to Miami, FL at the age of 18 to pursue an Undergraduate Degree in Global Business Marketing. Brendan has a diverse background, interpersonal skills and trilingual capacity.  His principal focus is to align with his clients' needs, update them on current market conditions, and provide solutions for all of their needs.

Direct: 813-387-4722
License FL: SL351921
Jack Kaiser
Associate
Jack Kaiser is a self-storage investment specialist who exclusively represents buyers and sellers in Florida. Kaiser’s attention to detail and client-centric attitude allows him to help his clients, efficiently and effectively, with the acquisition, disposition, exchange, and financing of their self-storage assets. Kaiser is a team player who represents his clients in a fair and transparent way. With his polished interpersonal communication skills, unique personality, and a strong work ethic, Kaiser is determined to provide his clients with the highest level of brokerage services in the industry.

Direct: 813-387-4733
License FL: SL3519490
Whitney Davis
Director of Operations
Whitney is the Director of Operations for the Travis Self-Storage Group, providing marketing and administrative support. Beginning her career at Marcus & Millichap in 2018 as a Marketing Coordinator, she now manages daily business operations and creates all team marketing materials, email campaigns and direct mailers. Additionally, she plays a key role in proposal and offering memorandum development, market research, data collection and transaction coordination.  

Direct: 813-387-4803


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