With unemployment dipping, expect those office vacancies to keep falling
The unemployment rate continues to drop. New jobs are added to the U.S. economy every month. And for the first time on record, the number…
Marcus & Millichap
Millennials are driving up home sales, but opting for the suburbs
The oldest millennials are now 37—the prime age for root-setting. As this generation starts to establish families, a wave of potential new buyers are moving…
Marcus & Millichap: Even with dropping vacancies, Indy apartments a bargain
Expect vacancies to fall and construction to rise in Indianapolis' apartment market. But for renters, this Midwest market will remain a bargain.
Cleveland’s multifamily boom not slowing yet
The Cleveland-area multifamily sector continues to exceed expectations when it comes to vacancies, asking rents and plans for new apartment towers. Best of all? Two…
Marcus & Millichap brokers $10.3M deconversion sale
Marcus & Millichap has brokered the $10.3 million deconversion sale of 227 E. Walton Place, a 13-story multifamily building in Chicago's Streeterville neighborhood. The buyer,…
Marcus & Millichap closes $2.1 million office sale in Burnsville
Marcus & Millichap closed the sale of River Ridge Circle, a 23,138-square-foot office property in Burnsville, Minnesota. The asset sold for $2.1 million.
Marcus & Millichap sells 745-unit self-storage facility in Lansing
Marcus & Millichap closed the sale of Maximum Storage, a 69,115-square-foot self-storage facility in Lansing, Michigan. The sales price was not disclosed.
Marcus & Millichap sells two-facility self-storage portfolio in Michigan
Marcus & Millichap closed the sale of S&J Self Storage, a two-property self-storage portfolio totaling 45,420 square feet in Jackson and Jerome, Michigan.
Marcus & Millichap sells Dollar General in Ohio
Marcus & Millichap recently closed the sale of a 10,080-square-foot Dollar General net-leased property in Beloit, Ohio. The asset sold for $460,000.
Marcus & Millichap acquires Cleveland’s Pinnacle Financial Group
Marcus & Millichap has entered into an agreement to acquire the assets of Pinnacle Financial Group, a Cleveland-based commercial real estate mortgage brokerage and servicing…