Marcus & Millichap brokered the sale of Shops at the Crossings, a 48,364-square-foot retail property in Auburn Hills, Michigan. The asset sold for $8.95 million.
Jared Shapiro, Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland and Columbus offices, sold the property on behalf of the seller, a private company based out of Michigan.
The buyer, a west coast private fund, was also secured and represented by Shapiro, Fuller, Patton and Wiles. Steve Chaben, Michigan Broker of Record, assisted in closing this transaction.
Shops at the Crossings are located at 4131 Baldwin Road in Auburn Hills. Built in 2002, with a mix of local, regional, and national tenants, this is an excellent Neighborhood Center servicing the Auburn Hills community.
