Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MidwestCRE

Marcus & Millichap arranges the sale of a 16,581 SF net-leased property

Staff Writer April 4, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Aldi Ground Lease, a 16,581 square-foot net-leased property located in Manitowoc, WI, according to Steven D. Weinstock, Vice President / Regional Manager of the firm’s Chicago Oak Brook office. The asset sold for $975,000.

Austin Weisenbeck, Aaron Baum and Sean R. Sharko, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, the original developer. The buyer, a national real estate investor, was also secured and represented by Sean R. Sharko, Austin Weisenbeck and Aaron Baum. Matthew Fitzgerald, Broker, assisted in closing this transaction.

Aldi Ground Lease at 4111 Harbor Town Lane, Manitowoc, WI sold in 43 days. The property sits on 1.78 acres and the store size is 16,581 square feet. This asset is the outlot to a larger retail development. Recently built in 2010, the property sits facing the major retail thoroughfare.

ALDI is in a prime location, immediately across the street from a Wal-Mart Supercenter.

Tags
Uncategorized
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
OhioLegal

Hahn Loeser & Parks boosts Cleveland office’s real estate practice with new hire

March 28, 2023
MichiganFinance

Commercial Real Estate Hall of Fame: Ashley Capital’s Susan Harvey

Dan RafterMarch 28, 2023
MidwestCRE

Graycor Construction Company names general manager of Midwest Division

March 28, 2023
WisconsinIndustrial

DarwinPW Realty/CORFAC International represents Ladi Investments in 10 transactions

March 27, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com