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OhioCRE

Marcus & Millichap closes sale of net-lease properties in Ohio, Virginia

March 14, 2023
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Marcus & Millichap closed the sale of four net-lease properties, three in Ohio and one in Virginia.

The properties are:

·         Childtime Daycare – Fairborn, Ohio, for $2.083 million

·         Childtime Daycare – Centerville, Ohio, for $1.775 million

·         Childtime Daycare – Blue Ash, Ohio, for $1.61 million

·         Childtime Daycare – Midlothian, Virginia, for $1.93 million

Dominic Sulo, senior vice president investments of Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listings to market the Ohio properties on behalf of the seller, a Michigan-based limited liability company.

Sulo and Eric Luhrsen, senior associate, also sitting in the Chicago Oak Brook office, had the exclusive listing to market the Virginia property on behalf of the seller, a North Carolina-based limited liability company.

The buyer for the property located in Centerville, Ohio, was secured and represented by Sulo. Michael Glass, Ohio broker of record, assisted in closing the transaction.

The buyer for the property located in Midlothian, Virginia, was secured and represented by Hank Wolfer, first vice president investments, sitting in Marcus & Millichap’s Seattle office. Brian Hosey, Virginia broker of record, also assisted in closing the transaction.

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Blue AshCentervilleFairbornMarcus & Millichap
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