Marcus & Millichap
Iron Gate Self-Storage Portfolio Changed Hands
The sale of the 1,466-unit portfolio was the largest self-storage transaction in Elkhart County, Ind. The six facilities have recently undergone improvements worth $1.1 million.
Marcus & Millichap Closes Sale of Mixed-Use Facility in Illinois
The 30,000-square-foot Option Care & Universal Hospital Services traded for $3.8 million. The facility comprises two units offering industrial and office space.
Arlington Retail Asset Changes Hands
A private investor sold an 87,900-square-foot, five-building shopping center in Arlington, Texas. Bill Jordan of Marcus & Millichap represented the seller and secured the buyer.
Chicago’s Ashland Wellington Plaza Sells for $10 M
Marcus & Millichap represented both the seller and the buyer in the trade of the 19,979-square-foot retail center. The facility is shadow anchored by a Jewel Osco.
Marcus & Millichap Secures DC Mixed-Use Asset
The Transit Employees Federal Credit Union sold the 4,374-square-foot mixed-use facility located in Washington, D.C. The property features a sublevel and mezzanine space for retail, office or multifamily conversions.
SRS Opens New San Diego Office
SRS Real Estate Partners has hired Sam Hanna and Bryan Raphaelson, both from Marcus & Millichap’s net lease group, to anchor the new San Diego team. The company also appointed Michael Lagazo, formerly of SVN, as vice president.
Marcus & Millichap’s IPA Taps National Director
Kenneth Szady has been involved in more than $9 billion in office, industrial and other property investment transactions. He previously held positions at NGKF, Cushman & Wakefield, Trammell Crow Co. and JLL.
LA-Area Retail Asset Trades for $20M
Marcus & Millichap facilitated the transaction of the 111,830-square-foot Walmart-anchored center in Norwalk on behalf of the seller, Newmark Merill Co.
Miami Office Building Hits the Market
The current owner acquired Tamiami Metro Office Building in 2013 for $3.2 million and has since brought the property to full occupancy.
San Diego Shopping Center Trades for $15M
The Carlsbad-based buyer plans to reposition the 43,108-square-foot center to appeal to healthy lifestyle and fitness tenants. The asset includes a mix of retailers and was recently upgraded to include monument signage.