Marcus & Millichap recently brokered the sale of a two-tenant retail center in Woodhaven, Michigan. The center sold for $4.65 million.
Ashish Vakhariya, Seth Haron and Darin Gross, investment specialists in Marcus & Millichap’s Detroit office, facilitated the transaction on behalf of the seller. Dylan Wolf and Clayton Brown, investment specialists in the Marcus & Millichap Seattle office, represented the buyer.
The property was occupied by Office Depot and Five Below at the time of sale. The deal closed with a cash buyer in a 1031 with a contract-to-close time frame of 51 days.
In the past 24 months, Vakhariya, Haron and Gross have sold or have under contract to sell over $233.9 million of retail and medical office investment properties throughout numerous states spanning the eastern half of the U.S. and beyond.
