Marcus & Millichap Real Estate Investment Services has announced the sale of Mannheim Square Office Building, a 1.613 Acre Multi-Tenant Office Building located in Frankfort, Ill. The asset commanded a sales price of $1.1 million.
Tammy Saia, Ryan Engle and Sean Sharko, investment specialists in Marcus & Millichap’s Oak Brook Office, had the exclusive listing to market the property on behalf of the seller, a financial institution. The buyer, a private investor was also secured and represented by Tammy Saia.
Through their extensive marketing efforts and broad exposure to the market, Saia, Engle and Sharko were able to generate dozens of property showings resulting in more than eight offers and a closing near list price.