Released on = May 29, 2007, 10:16 pm

Press Release Author = Self Storage Promotions

Industry = Real Estate

Press Release Summary = Marcus & Millichap\'s Mele Storage Group has hit a
significant milestone in self-storage facility sales with a relationship-based
approach that adds value to transactions.

Press Release Body = TAMPA, FL - May 30, 2007 - Marcus & Millichap\'s Mele Storage
Group has hit a significant milestone in self-storage facility sales. In just eight
years, the Tampa-based brokerage has surpassed the $300 million mark to become one
of the firm\'s top specialty brokers.

Led by East Coast Self Storage Specialist Mike Mele, the Mele Storage Group is
coming off a banner year. In 2006, the brokerage closed $71.5 million in sales in
Florida markets across the state. This achievement earned Mele distinction as one of
Marcus & Millichap\'s top brokers in Central Florida, an honor he\'s received for the
past three years.

\"The self-storage industry has changed dramatically since 1999. We\'ve seen
unprecedented growth, Wall Street has its eye on the business, and the long-term
prospects are encouraging,\" said Michael A. Mele, Senior Investment Associate at
Marcus & Millichap\'s Mele Storage Group and president of the Florida Self Storage
Association. \"Going forward, the mindset should be less of a \'land grab\' and more of
a forward-thinking look at a maturing industry.\"

The Mele Storage Group currently holds over $150.9 million in Current and Under
Contract listings and boasts a database of over 5,000 buyers that are actively
seeking to expand their East Coast portfolios. Mele has built long-standing
relationships with clients on both sides of the transaction table, in part, by
keeping his finger on the pulse of market variables, such as rent figures, recent
sales and new construction. He knows which markets are overbuilt and which are
emerging, and he understands how to recognize and prepare investors for shifting
real estate cycles. Mele\'s knowledge of the industry helps ensure investors are
leveraging deals that make sense today and tomorrow.

The Mele Group has closed $41.1 million worth of self-storage deals so far in 2007.
Some of the highlights include the ASAP Self Storage Portfolio mega-deal which
closed at $26.5 million, the $4 million sale of Armor Storage in Spring Hill, Fla.
and the $5.8 million sale of Access Self Storage by Michael A. Mele & Scott
Rutherford, an Investment Associate at the Mele Storage Group.

Although Mele has a strong practice in Florida, his group has also had considerable
success working with property owners in New Jersey, Virginia, Maryland, New York,
California, Texas, Massachusetts, Pennsylvania, Tennessee and Connecticut. Mele
works with Marcus & Millichap brokers in other states to ensure his selling clients
have maximum exposure to buyers and to ensure that his investing clients have
maximum exposure to sellers.

\"We are proud to hit the $300 million mark in self-storage facility sales by serving
as a trusted resource to our clients. We are not interested in brokering deals for
the sake of brokering deals,\" Mele says. \"We are interested in building long-term
relationships with our clients. We do that by getting actively involved in every
transaction to ensure clients get the greatest value in every deal.\"

About The Mele Storage Group
Led by East Coast Self Storage Specialist Michael A. Mele, The Mele Storage Group
has sold over 70 self-storage properties totaling over $300 million in sales. Mele
has over $150 million in Active and Under Contract listings and a database of
approximately 5,000 buyers seeking to expand their self-storage portfolios on the
East Coast. Mele closed more than $86 million in self-storage sales in 2006 alone.
Each member of the group is a specialist in the fields of financial analysis, market
research, contract management and marketing.

About Marcus & Millichap
With more than 1,100 investment professionals in offices nationwide, Encino,
Calif.-based Marcus & Millichap is the largest commercial real estate brokerage in
the nation focusing exclusively on real estate investments. In 2006, the firm closed
more than $22 billion in transactions. Founded in 1971, the firm has perfected a
powerful system for marketing properties that combines product specialization; local
market expertise; the industry\'s most comprehensive research and analysis
capabilities; state-of-the-art technology; and established relationships with the
largest pool of qualified investors nationally.

PR Contacts:

Self Storage Promotions
Jennifer LeClaire
1913 S. Ocean Drive, Suite 237
Hallandale Beach, Fla. 33009
jennifer@selfstoragepromotions.com
954.454.0072

Mele Storage Group
Darlina Conto
7650 Courtney Campbell Cswy., Suite 920
Tampa, FL 33607
Dconto@marcusmillichap.com
813.287.9777, ext. 187



Web Site = http://www.melestoragegroup.com

Contact Details = Self Storage Promotions
Jennifer LeClaire
1913 S. Ocean Drive, Suite 237
Hallandale Beach, Fla. 33009
jennifer@selfstoragepromotions.com
954.454.0072