Marcus & Millichap

Net absorption falls, but rents soar in Detroit industrial market

The first quarter of 2025 marked the Detroit industrial market's weakest three-month period for net absorption since 2010, according to the latest research from Marcus…

Marcus & Millichap brokers sale of retail strip center in Hutchinson

Marcus & Millichap facilitated the sale of 401 E. 4th Ave., a four-suite retail strip and a Dillon’s Fuel Station ground lease in Hutchinson, Kansas.…

Marcus & Millichap brokers sale of 61-room Best Western hotel in Athens

Marcus & Millichap closed the sale of a 61-room Best Western Plus Royal Mountain Inn & Suites in Athens, Texas. Skyler Cooper, investment specialist in…

Marcus & Millichap closes $2.5 million sale of medical office in Libertyville

Marcus & Millichap brokered the sale of 1234 N. Milwaukee Ave., a net-leased medical office occupied by Forefront Dermatology in Libertyville, Illinois. The property sold…

Marcus & Millichap: Chicago ranks as the third strongest industrial market in the country

Some good news for Chicago's industrial sector: Despite the threat of tariffs and high interest rates and construction costs, the Chicago region still ranks third…

Marcus & Millichap brokers sale of 46-room hotel in Detroit Lakes

Marcus & Millichap closed the sale of a 46-room AmericInn hotel property in Detroit Lakes, Minnesota. Brock Banken, Jake Erickson and Jared Plamann, investment specialists…

Marcus & Millichap brokers sale of 342-unit self-storage facility in Grand Rapids market

Marcus & Millichap negotiated the sale of Ada Attic Self-Storage, a 342-unit self-storage facility in Ada, Michigan. The sale closed at a 6.62% capitalization rate. …

Marcus & Millichap closes sale of 18-suite retail property in Conroe

Marcus & Millichap brokered the sale of Conroe Shopping Center, an 18-suite retail property in Conroe, Texas. Bill Dang and Justin Miller, investment specialists in…

Marcus & Millichap negotiates $17.4 million sale of Wheeling industrial property

Marcus & Millichap closed the sale and financing of 199 Shepard Ave., a fully occupied industrial property in Wheeling, Illinois. The property sold for $17.4…

Marcus & Millichap brokers sale of nursing home in Merrill

Marcus & Millichap facilitated the sale of Pine Crest Nursing Home facility in Merrill, Wisconsin. The property sold for $9.5 million. Ray Giannini, investment specialist…

Marcus & Millichap

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