Marcus & Millichap has announced Michael Mele, vice president of investments, as a recipient of the firm's National Achievement Award, bestowed on those who exceed national sales goals. Only 6 percent of the firm's 1,300 investment specialists have earned the honor. Mele has made the list six consecutive times.
Mele joined Marcus & Millichap in 1999 to broker the sale of self-storage facilities. He gained entrance into the firm’s prestigious Seven-Figure Club in 2004 and later was inducted as a Senior Investment Associate in 2005. He currently serves as a senior director in the National Self Storage Group and was most recently promoted to vice president of investments in early 2008.
Mele has received sales recognition awards annually since joining the firm and has closed more than $450 million in self-storage properties. In 2008 alone, his team closed 36 properties valued at more than $95 million. Mele's closings were almost one-third of the firm's National Self Storage Group.