Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a... Read more »
Marcus & Millichap arranged the sale of 251 North Ave. W., a mixed-use property in Westfield, NJ, for $5,260,000. Alan Cafiero, David Cafiero and Damien Rance of Marcus & Millichap exclusively marketed the... Read more »
Marcus & Millichap finalized the sale of 5035-49 Guava Ave., an 81-unit seniors affordable multifamily property located in La Mesa. The property sold for $12.5 million, or $154,320 per unit. “Age-restricted communities with long-term affordability protections are rarely available for acquisition in San Diego County,” said Christopher Zorbas, executive... Read more »
Marcus & Millichap announced that Deferred, the first and only technology-powered qualified intermediary transforming 1031 exchanges for everyday real estate investors, has joined Marcus & Millichap’s Preferred Partner Program as a provider of... Read more »
Marcus & Millichap announced the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois. “This offering generated significant investor interest due to the property’s strong operating performance, prime... Read more »
Marcus & Millichap announced the sale of a LA Fitness-anchored, four-suite retail property in Mundelein, Illinois. The property sold for $13.976 millkion. Marcus & Millichap Capital Corporation, a subsidiary of Marcus &... Read more »
Marcus & Millichap announced that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role. Over more than 20 years in commercial real estate, Robb has held senior... Read more »
Marcus & Millichap said Thursday that Thomas Gorman has been appointed senior managing director and leader of its national net lease division. In the newly created role, Gorman will oversee the ongoing growth of the national... Read more »
The Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit,... Read more »
Saks Global’s ongoing bankruptcy is having a ripple effect on its Southern California stores. As part of its shutdown of several Saks Fifth Avenue and Neiman Marcus locations nationwide, Saks Global is... Read more »