What’s holding back the Detroit retail sector? Sluggish population growth
Detroit's retail market faces a challenge unique to the city: The population is growing too slowly in the Detroit area. That makes life more challenging…
Marcus & Millichap
Marcus & Millichap closes sale of 50-room Super 8 hotel in Stanton
Marcus & Millichap brokered the sale of a 50-room Super 8 hotel property in Stanton, Texas. Alexander Curry and Chris Gomes, investment specialists in Marcus & Millichap’s Austin and Dallas offices, exclusively…
Marcus & Millichap facilitates sale of 36-unit apartment community in Crystal
Marcus & Millichap negotiated the sale of Krystal Kourt Apartments, a 36-unit multifamily property in Crystal, Minnesota, for $2.97 million. Abe Roberts and Michael Jacobs, investment…
Marcus & Millichap negotiates sale of 91-unit apartment property in Sault Ste. Marie
Marcus & Millichap brokered the sale of Ashmun Creek Apartments, a 91-unit multifamily property in Sault Ste. Marie, Michigan. Dan Bowar, investment specialist in Marcus & Millichap’s Milwaukee office,…
Marcus & Millichap brokers sale of 48-unit apartment property in Milwaukee
Marcus & Millichap closed the sale of The Edgewater Apartments, a 48-unit multifamily property located in Milwaukee, Wisconsin. The property sold for $4,875,000, or $101,563 per unit. Blake Hanlon…
Marcus & Millichap closes sale of 32,001-square-foot industrial warehouse in Volo
Marcus & Millichap brokered the sale of 26735 W. Commerce Drive, a 32,001-square-foot multi-tenant industrial warehouse in Volo, Illinois. Kellan Gilmartin, investment specialist in Marcus & Millichap’s Chicago…
Marcus & Millichap brokers sale of 96-room hotel property in Fergus Falls
Marcus & Millichap brokered the sale of a 96-room Country Inn & Suites hotel property in Fergus Falls, Minnesota. Jon Ruzicka, Joseph Ferguson and Reed Gizinski,…
Marcus & Millichap adds director of investments to Milwaukee office
Marcus & Millichap hired Michael Tomlin in the firm’s Milwaukee office as Director Investments. Prior to joining Marcus & Millichap, Tomlin spent seven years as an associate…
Marcus & Millichap closes sale of 94-room Holiday Inn Express in Sterling Heights
Marcus & Millichap brokered the sale of a 94-room Holiday Inn Express & Suites in Sterling Heights, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus…
Marcus & Millichap brokers sale of 12-unit multifamily property in Grand Rapids
Marcus & Millichap closed the sale of Midtown Place, a 12-unit multifamily property in Grand Rapids, Michigan, for $2.65 million. Chris Futo, a multifamily and mobile home investment…