Skip to content
Homepage
  • Market
    • 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
OhioRetail

Marcus & Millichap closes sale of 147,000-square-foot Sam’s Club in Ohio

Staff Writer April 5, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

sams clubMarcus & Millichap Real Estate Investment Services arranged the all-cash sale of a 147,771-square-foot free-standing, triple-net leased Sam’s Club located in Brooklyn, Ohio.

The sales price of more than $21 million equals $145 a square foot. A Sam’s Club Fuel Center outparcel was included in the sale.

Scott Wiles, a vice president of investments in Marcus & Millichap’s Cleveland office, along with Erin Patton, a vice president of investments in the firm’s Columbus office, and Craig Fuller, a senior associate in the Cleveland office, represented the seller, a northeast Ohio-based limited liability company.

“This asset received a great deal of attention from across the investor continuum,” said Wiles, in a written statement. “Ever-increasing numbers of local investors and out-of-state buyers are focusing their acquisition needs on credit driven triple-net investments such as this one.”

Tags
Scott Wiles
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisCRE

First Bank of Highland Park legally changes name to First Bank Chicago

July 1, 2022
TexasMultifamily

Colliers Mortgage closes $25.4M HUD 221(d)(4) loan for The Draper in Garland

July 1, 2022
IllinoisCREOffice

Godfrey Fire Protection District to build $6.5 million fire station and administrative building

July 1, 2022
MichiganIndustrial

Newmark negotiates sale of two-building industrial property in Detroit suburb

July 1, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • 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/Editorial Calendar
© 2022 REjournals.com