Michael A. Mele

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

[Michael A. Mele @MeleStorage]

Read the press release here: https://t.co/EajcW4UiXg

[Michael A. Mele @MeleStorage]

The Bellevue deal — the largest single-asset #selfstorage sale in the Pacific Northwest — originated through an internal @CushWake valuation referral. Not a cold call. An integrated platform building relationships across disciplines before the asset ever goes to market. #cre

[Michael A. Mele @MeleStorage]

#SelfStorage sellers who waited through the soft period are finally hitting stabilization. Construction starts are down nearly 50% YoY. The window for core assets in top MSAs is opening, but with more inventory competing for attention, process matters more than ever. #cre

[Michael A. Mele @MeleStorage]

Stress-testing a stabilized #selfstorage asset before it goes to market: what institutional investment committees actually require before approving capital and why the work that protects pricing happens before the deal is ever listed. #cre #themelegroup https://t.co/Y2fWur7GgY

[Michael A. Mele @MeleStorage]

Self-storage occupancy in the #Seattle MSA — what institutional buyers are actually underwriting when they look at a stabilized Class A asset in a supply-constrained market. This sale just set a new record. Read about it → https://t.co/OhyC08FLSP #selfstorage #cre #BellevueWA

[Michael A. Mele @MeleStorage]

@CushWake Read the full Q1 report here --> https://t.co/Y2fWur7GgY

[Michael A. Mele @MeleStorage]

Occupancy nationally is flat. Rents are still down year-over-year. The Q1 data doesn't tell a dramatic story.

[Michael A. Mele @MeleStorage]

The data lags. The conviction moves first. #selfstorage #cre #melestoragegroup #cushwake #themelegroup @cushwake

[Michael A. Mele @MeleStorage]

When it works, the client wins, and that is the metric that matters most. #cre @cushwake @jll @connectcre https://t.co/H6ai0qWwZo

[Michael A. Mele @MeleStorage]

Co-brokered #selfstorage deals in top 15 MSAs require a different kind of discipline. Shared process, aligned incentives, and a buyer pool that trusts both sides of the table.

[Michael A. Mele @MeleStorage]

We #JustClosed the largest single-asset self-storage sale recorded in the #PacificNorthwest in #Bellevue, WA. Class A. 103,397 SF. 988 units. 93% occupied. 15 offers received. Final price above guidance. #selfstorage #cre #CommercialRealEstate @cushwake https://t.co/OhyC08FLSP

[Michael A. Mele @MeleStorage]

#SelfStorage construction starts dropped 63% in Q1 2026 vs. last quarter and 47% below where they were a year ago. Less supply coming means pressure on existing operators is easing. Core assets in top MSAs are benefiting. #cre #themelegroup https://t.co/Y2fWur7GgY

[Michael A. Mele @MeleStorage]

Diligence doesn't break deals. Surprises do — the ones nobody addressed before the process started. The work that keeps deals together happens before anything goes to market. #selfstorage #cre #melestoragegroup #cushwake #themelegroup @cushwake

[Michael A. Mele @MeleStorage]

Just closed what we believe is the largest single-asset self-storage sale in the Pacific Northwest. Bellevue, WA. Just shy of $51 Million. 15 offers. Record price per square foot. #selfstorage #cre #melestoragegroup #cushwake #themelegroup @cushwake https://t.co/h5WzKBW95v

[Michael A. Mele @MeleStorage]

Staying in it when the easy move is to walk away — that's the job. #selfstorage #cre #melestoragegroup #cushwake #themelegroup @cushwake

[Michael A. Mele @MeleStorage]

Some deals are hard because of the market. Others are just hard deals.

[Michael A. Mele @MeleStorage]

Chuck Reller, American Personal Storage: "Because of their tenacity, we were able to bring this sale to fruition."