Marcus Millichap

  • Marcus & Millichap Arranges the Sale of Colonial Estates for over $50,000 per Door

    June 29, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Colonial Estates, a 48-unit apartment property located in Hillsborough, N.C., according to Raj Ravi, regional manager of the firm’s Carolina offices....
  • Marcus & Millichap Arranges Sale of 252 Greenville Area Apartments for $10.5 million

    June 7, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of two Greenville apartment communities totaling 252 units, according to Raj Ravi, regional manager of the firm’s Carolina offices. The two...
  • Marcus & Millichap arranges Sale of 25,902 sqft Medical Office Building

    June 3, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Murrysville Commons Medical Building, a 25,902-square foot Medical Office property located in the Pittsburgh MSA, according to Brenton Baskin, Regional Manager...
  • Marcus & Millichap Arranges Sale of Net-Leased CVS for $4,674,155

    May 31, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of CVS, a 13,225-square-foot net-leased property located in South Hill, VA, according to Raj Ravi, regional manager of the firm’s Southern Virginia...
  • Just Listed: Edgewater retail property on market for $6.75 million

    May 27, 2016— 2400 Biscayne Boulevard, an 11,516-square foot corner retail property in the Edgewater submarket of Miami, is listed for $6,750,000. The two-story retail building has frontage on Biscayne Boulevard. “This is a great repositioning opportunity of a high street retail property located in Miami’s predominant furniture corridor,” says...
  • Just Sold $1.245 million: Boutique East Delray Beach Apartment Building

    May 24, 2016— East Delray Apartments, an 8-unit apartment property located in Delray Beach, sold for $1,245,000 equating to $155,625 per unit. “This was a unique opportunity to acquire a meticulously maintained boutique apartment building in Delray Beach,” says Brandon J. Rex, a vice president investments in Marcus & Millichap’s...
  • Marcus Millichap arranges sale of Terrace Trace apartments for $1.5 mill

    May 23, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Terrace Trace, a 28-unit apartment property located in Archdale, N.C., according to Raj Ravi, regional manager of the firm’s...
  • Marcus Millichap Expands and Relocates in Philadelphia

    May 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada has announced the relocation of its Philadelphia office to Center City Philadelphia, Pa. and the opening of an additional office in Wynnewood, Pa. In...
  • Marcus & Millichap Arranges Sale of 29,375 sqft Self-Storage Facility in Virginia

    May 18, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Dominion Mini Storage, a 29,375-square-foot self-storage facility located in Richmond, Virginia, according to Bryn D. Merrey, district manager of the firm’s...
  • Marcus & Millichap Hosts 1031 Exchange Information Seminar

    May 17, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, in conjunction with the MacLaren | Talone | Townsend team, hosted an informational seminar on “The 1031 Exchange: Explained” providing an overview of Section 1031 in...
  • Beachcomber, a 32 unit Apartment Property Sold for $2.15 million

    May 16, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of The Beachcomber, a 32-unit apartment property located in Norfolk, VA, according to Bryn D. Merrey, first vice president/district manager of the firm’s...
  • Marcus & Millichap arranges Sale of Richmond area Fas Mart

    April 29, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the net leased Fas Mart location , located just West of the Short Pump area of  Richmond, VA, according to Bryn...
  • David Smith Joins Marcus & Millichap’s Expanding Norfolk Office

    April 4, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the hire of David Andrew Smith, formerly the principal broker of Delphi Realty of Norfolk VA, as an associate broker in Marcus and Millichap’s...
  • Record-Setting San Fernando Valley Condo Community Sale Arranged by Marcus & Millichap

    February 8, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of Verona Villas, a multifamily property with 21 individually parceled condominiums in Los Angeles’ Toluca Lake neighborhood. The $14,725,000 sales price equates...
  • $9.5 Million Ground-Leased TD Bank Site Hits the Market

    January 21, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, is exclusively offering for sale a ground-leased pad site for a future 3,500-square-foot TD Bank branch on South Dixie Highway in Miami. The $9.5 million listing...
  • The Biarritz, 22 unit multi-family building in Santa Monica Sells for $13 Million

    January 20, 2016— Marcus & Millichap (NYSE: MMI) has arranged the sale of The Biarritz, a 22-unit investment opportunity on San Vicente Boulevard in Santa Monica, Calif. The $13 million sales price equates to nearly $600,000 per unit and more than $600 per square foot. “Most of the multifamily buildings...
  • Just Closed – 24 HR. Fitness – Downtown Huntington Beach $6,000,000

    January 20, 2016— Just Closed – 24 HR. Fitness in Downtown Huntington Beach Sold for $6,000,000. Paul Bitonti, Vice President Investments at Marcus & Millichap represented the Buyer & Seller. Multiple Cash Offers Property Marketed Unpriced Lease Expires February 2017 Re-position Opportunities Listing Details: Marcus and Millichap is pleased to...
  • Marcus & Millichap Sets Price Per Door Record East of the River

    January 19, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 1204 Talbert Street SE, a vacant 29-unit apartment property located in Washington, D.C., according to Bryn D. Merrey, district manager of...
  • Marcus & Millichap Closes $44.33 Million Sale of Eight-Property Walgreens Portfolio

    January 14, 2016— Marcus & Millichap (MMI), has arranged the sale of an eight-property Walgreens portfolio for $44.33 million. Four of the properties are located in Texas and the others are in Illinois, New York, Ohio, and South Carolina. “The properties are all freestanding, triple net-leased assets in very strong...
  • Marcus & Millichap sale of 12,765sqft NNN Retail Property in Fullerton

    December 3, 2015— FULLERTON, Calif.,  Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of a 12,765-square-foot absolute-net-leased retail property in Fullerton, Calif. The $10.95 million sales price equates to $858 per square foot. Paul...
  • Sabina Plaza in Miami Hits Market For $13.6 Million

    August 3, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that it has obtained the exclusive listing for Sabina Plaza at Bird Road, a 51,044-square-foot shopping center located in Miami. The asset is listed for...
  • Marcus & Millichap Announces The Listing of a Brooklyn Warehouse Facility

    July 30, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announces the listing of a warehouse facility located at 154 Scott Avenue in the East Williamsburg section of Brooklyn. The property is located between Scholes and...
  • 1000 17th St. In Miami Beach Hits The Market At $30 Million

    July 20, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced that it has obtained the exclusive listing for 1000 17th St., a 17,975-square-foot corner retail property in Miami Beach, Fla. The asset is listed...
  • Mid-City Apartment Building Brings $4.8 Million

    July 17, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of 2233 South Ridgeley Drive, a 24-unit apartment building in Los Angeles. The $4.8 million sales price equates to $200,000 per unit....
  • Record-Breaking Price for South Florida Self-Storage Facility

    The $18,825,000 sales price is the highest to date in Florida. July 17, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of Emerald Hills Extra Closet Self Storage, a 128,797-net-rentable-square-foot, 1,970-unit self-storage...
  • $10 Million Buys Multifamily Asset in Northern San Diego County

    July 17, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of Laguna Palms, a 45-unit, garden-style apartment building in Carlsbad, Calif. The $10 million sales price equates to $222,222 per unit. Christopher...
  • Central Texas Multifamily Asset Sold by Marcus & Millichap

    July 15, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of The Retreat at Central Texas Marketplace, a 216-unit luxury apartment community in Waco, Texas. The terms of the sale were...
  • Suburban Chicago Apartment Complex for Sale

    July 14, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has retained the exclusive listing to market for sale Willowbrook Apartment Homes, a 140-unit apartment community in Willowbrook, Ill. The price is to be determined by...
  • Marcus & Millichap Arranges Record-Breaking Los Angeles Multifamily Sale

    July 13, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announces the sale of Villa Montana, a 20-unit apartment property in West Los Angeles’ Brentwood neighborhood. The $20.05 million sales price equates to $1,002,500, the highest...
  • Record-Breaking Sale in Beverly Hills Closed by Marcus & Millichap

    July 7, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of 444 North Oakhurst Drive and 446 North Oakhurst Drive, a two-building multifamily investment property in Beverley Hills, Calif. The $10.1 million...
  • Marcus & Millichap Arranges $24 Million Sale of Boulder Community

    May 4, 2015— Marcus & Millichap has arranged the sale of Plaza on Broadway, a 39-unit, 152-bed multifamily student housing community in Boulder. The $24.05 million sales price equates to $616,667 per unit, $158,224 per bed and approximately $474 per square foot. Built in 2013, the property is situated...
  • Upper East Side Mixed-Use Asset Hits the Market at $45 Million

    July 2, 2015— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced it has the exclusive right to market for sale 1313-1315 Third Ave., a five-story, walk-up, mixed-use building on Manhattan’s Upper East Side. The listing price...
  • Hines/Oaktree Venture Acquires 2051 Palomar

    January 5, 2015— Hines, the international real estate firm, announced today that along with a real estate fund managed by Oaktree Capital Management, L.P. (Oaktree), it has acquired 2051 Palomar, a 178,570-square-foot office/research & development project on a 13-acre site, in Carlsbad, California. The seller was represented by Greg...