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Marcus & Millichap Hires First Vice President of Self-Storage Investments

Marcus & Millichap (M&M), a commercial real estate investment services firm with offices in Canada and the United States, hired Kevin Bledsoe as first vice president of investments. Based in Philadelphia. Bledsoe is a 16-year veteran of the self-storage industry. Most recently, he was vice president of brokerage for Investment Real Estate LLC, where he led a team that closed more than 100 self-storage transactions valued at $400 million, according to a press release.

“The addition of Kevin to our self-storage division allows us to extend our property-investment services to even more investors in the mid-Atlantic and Northeast regions, and deepens our roster of self-storage specialists nationwide,” said Steven Weinstock, first vice president and national director of M&M’s self-storage division. “Kevin will be an invaluable resource for our clients by providing up-to-the minute market knowledge, property valuations, operations advice, and acquisition and disposition services.”

Bledsoe joined the self-storage industry in 2004 as district manager for PFG Capital, where he managed 30 properties in New Jersey and Pennsylvania. While director of operations for Storage Asset Management from 2010 to 2014, he helped grow the company’s third-party management contracts from 20 to 60 and was instrumental in its growth and evolution, the release stated.

“Bringing Kevin on board is a big win for our clients in the Philadelphia region, throughout the mid-Atlantic and beyond,” said Sean Beuche, regional manager of the M&M Philadelphia office. “I’m looking forward to teaming up with him as we continue to work closely with our clients through the challenges caused by the pandemic and further expand our regional presence.”

“Joining Marcus & Millichap’s self-storage division gives me the opportunity to extend the benefits of the industry’s most dynamic and active marketplace for the acquisition and disposition of self-storage properties to my clients,” Bledsoe said. “Having the latest tools and technologies at my fingertips creates a winning scenario for providing self-storage property investors with strong buying and selling opportunities.”

Founded in 1971, M&M provides investment sales, financing, research and advisory services. It operates more than 80 offices in North America.

Source:
CP Executive, Marcus & Millichap Hires Self Storage VP in Philadelphia

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