{"id":1004262083,"date":"2018-09-03T23:43:14","date_gmt":"2018-09-04T07:43:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004262083"},"modified":"2022-12-08T12:29:49","modified_gmt":"2022-12-08T20:29:49","slug":"marcus-millichap-arranges-mn-industrial-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/","title":{"rendered":"Marcus &amp; Millichap Arranges MN Industrial Deal"},"content":{"rendered":"<div id=\"attachment_1004262095\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004262095\" data-attachment-id=\"1004262095\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/195-w-sycamore-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"195 W. Sycamore St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;195 W. Sycamore St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png?w=800\" class=\"wp-image-1004262095 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004262095\" class=\"wp-caption-text\">195 W. Sycamore St.<\/p><\/div>\n<p>Marcus &amp; Millichap has brokered the sale of an 87,044-square-foot industrial property in St. Paul, Minn. The asset sold to a private, out-of-state investor for $4.7 million. Sean O\u2019Brien and John Godwin, with the firm\u2019s Chicago Oak Brook and Michigan offices, marketed the property and closed the deal on behalf of the seller. Matthew Hazelton, the broker of record in Minnesota, assisted in closing the transaction.<\/p>\n<p>The asset is located at 195-215 Sycamore St., off Rice Street and less than 2 miles from Interstate 35E. It comprises two free-standing buildings and a paved and fenced outside storage space. The property is net-leased to Allied Building Products, which closed an eight-year lease extension prior to the sale. According to a Marcus &amp; Millichap study, one of the <a href=\"https:\/\/www.commercialsearch.com\/news\/safety-net\/\">advantages of single-tenant net-leased properties<\/a> is that tenants have more control over expenses and more autonomy in managing the facility.<\/p>\n<p>The nearby area is home to several auto stores and other warehouses in the industrial region north of West Pennsylvania Avenue. Downtown St. Paul is approximately 2 miles away, while Minneapolis-St. Paul International Airport is 13 miles to the south.<\/p>\n<p><em>Image via Google Street View \u00a0\u00a0\u00a0\u00a0\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sean O\u2019Brien and John Godwin, investment specialists with the company, closed the $4.7 million deal. The asset is located in St. Paul. <\/p>\n","protected":false},"author":242,"featured_media":1004262095,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,13,36076,21742],"tags":[34836,41888],"class_list":["post-1004262083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-midwest","category-minneapolis-st-paul","category-latest","tag-marcus-millichap","tag-sean-obrien"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Marcus &amp; Millichap Arranges MN Industrial Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcus &amp; Millichap Arranges MN Industrial Deal\" \/>\n<meta property=\"og:description\" content=\"Sean O\u2019Brien and John Godwin, investment specialists with the company, closed the $4.7 million deal. The asset is located in St. Paul.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-04T07:43:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:29:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/\"},\"author\":{\"name\":\"Roxana Baiceanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/94dbd38faeeb26b4b597d7fbd793c52a\"},\"headline\":\"Marcus &amp; Millichap Arranges MN Industrial Deal\",\"datePublished\":\"2018-09-04T07:43:14+00:00\",\"dateModified\":\"2022-12-08T20:29:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/\"},\"wordCount\":206,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/195-W.-Sycamore-St..png\",\"keywords\":[\"Marcus &amp; Millichap\",\"Sean O'Brien\"],\"articleSection\":[\"Deals\",\"Industrial\",\"Investment\",\"Midwest\",\"Minneapolis-St Paul\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/\",\"name\":\"Marcus &amp; Millichap Arranges MN Industrial Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/195-W.-Sycamore-St..png\",\"datePublished\":\"2018-09-04T07:43:14+00:00\",\"dateModified\":\"2022-12-08T20:29:49+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/94dbd38faeeb26b4b597d7fbd793c52a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/195-W.-Sycamore-St..png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/195-W.-Sycamore-St..png\",\"width\":800,\"height\":620,\"caption\":\"195 W. Sycamore St.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/marcus-millichap-arranges-mn-industrial-deal\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Marcus &amp; Millichap Arranges MN Industrial Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/94dbd38faeeb26b4b597d7fbd793c52a\",\"name\":\"Roxana Baiceanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g\",\"caption\":\"Roxana Baiceanu\"},\"description\":\"Roxana Baiceanu covers real estate trends, extraordinary homes, and the latest real estate news. In her spare time she likes to read and watch TED videoclips.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/roxanabaiceanu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Marcus &amp; Millichap Arranges MN Industrial Deal - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/","og_locale":"en_US","og_type":"article","og_title":"Marcus &amp; Millichap Arranges MN Industrial Deal","og_description":"Sean O\u2019Brien and John Godwin, investment specialists with the company, closed the $4.7 million deal. The asset is located in St. Paul.","og_url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-09-04T07:43:14+00:00","article_modified_time":"2022-12-08T20:29:49+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","type":"image\/png"}],"author":"Roxana Baiceanu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/"},"author":{"name":"Roxana Baiceanu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a"},"headline":"Marcus &amp; Millichap Arranges MN Industrial Deal","datePublished":"2018-09-04T07:43:14+00:00","dateModified":"2022-12-08T20:29:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/"},"wordCount":206,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","keywords":["Marcus &amp; Millichap","Sean O'Brien"],"articleSection":["Deals","Industrial","Investment","Midwest","Minneapolis-St Paul","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/","url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/","name":"Marcus &amp; Millichap Arranges MN Industrial Deal - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","datePublished":"2018-09-04T07:43:14+00:00","dateModified":"2022-12-08T20:29:49+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","width":800,"height":620,"caption":"195 W. Sycamore St."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-arranges-mn-industrial-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Marcus &amp; Millichap Arranges MN Industrial Deal"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a","name":"Roxana Baiceanu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g","caption":"Roxana Baiceanu"},"description":"Roxana Baiceanu covers real estate trends, extraordinary homes, and the latest real estate news. In her spare time she likes to read and watch TED videoclips.","url":"https:\/\/www.commercialsearch.com\/news\/author\/roxanabaiceanu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/195-W.-Sycamore-St..png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004262083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/242"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004262083"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004262083\/revisions"}],"predecessor-version":[{"id":1004567580,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004262083\/revisions\/1004567580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004262095"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004262083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004262083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004262083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}