Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Kevin Bledsoe has joined the firm as a first vice president investments based in Philadelphia. A 16-year veteran in the self-storage investment industry, Bledsoe comes to Marcus & Millichap from Investment Real Estate LLC (IRE), where he served as a vice president of brokerage.

“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 Marcus & Millichap’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 and his team have closed more than more than 100 self-storage transactions in the Mid-Atlantic and Northeast regions valued at over $400 million. Previously, as a director of operations, Bledsoe helped grow Storage Asset Management’s third-party management contracts from 20 to 60 and was instrumental in the growth and evolution of the company.

Bledsoe began his career in the self-storage industry in 2004 with PFG Capital where he operated a 12-property self-storage district in Pennsylvania and New Jersey. The PFG Capital portfolio sold to Simply Self Storage in 2007, which gave him the opportunity to manage 30 properties across seven states in the Northeast, Mid-Atlantic and Midwest. “Bringing Kevin on board is a big win for our clients in the Philadelphia Region, throughout the Mid-Atlantic and beyond,” added Sean Beuche, regional manager of Marcus & Millichap’s 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,” commented Bledsoe. “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.”

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.