Northmarq research: Struggles continue for single-tenant net lease investment market
At mid-year 2024, the overall single-tenant net lease market continued to struggle with reduced investment sales activity.
net lease
JLL Capital Markets closes $50 million sale of 12-property net lease portfolio in three states
JLL Capital Markets has completed the nearly $50 million sale of a 12-property net lease retail portfolio comprising more than 94,000 square feet across three states…
Marcus & Millichap negotiates sale of custard shop in Mokena
Marcus & Millichap brokered the sale of a net-leased Andy’s Frozen Custard in Mokena, Illinois. The property sold for $1.715 million. Kanich, a single-tenant net-lease…
Mid-America Real Estate Corporation adds VP to Chicago investment sales platform
Mid-America Real Estate Corporation expanded its Chicago-based Investment Sales platform with the addition of Nick Kohlmann, who joins Mid-America as a Vice-President, furthering the company's…
SVN Chicago Commercial sells medical building in Missouri community
Tim Franz of SVN Chicago Commercial helped secure the sale of the Mercy Health medical building at 107 Piper Hill Drive in Saint Peters, Missouri.…
Marcus & Millichap closes sale of 48,364-square-foot retail property in Auburn Hills
Marcus & Millichap brokered the sale of Shops at the Crossings, a 48,364-square-foot retail property in Auburn Hills, Michigan. The asset sold for $8.95 million.…
Marcus & Millichap closes sale of 36,338-square-foot medical office property in Novi
Marcus & Millichap brokered the sale of Infinity Medical, a 36,338-square-foot two-tenant medical office property in Novi, Michigan. The asset sold for $9.3 million. Seth…
Hanley Investment Group facilitates sales of two Brakes Plus locations in Texas
Hanley Investment Group Real Estate Advisors facilitated the acquisition of two single-tenant net-leased properties occupied by Brakes Plus in North Richland Hills and Killeen, Texas,…
Marcus & Millichap closes $3 million sale of net-leased property in O’Fallon
Marcus & Millichap brokered the sale of Caliber Collision, a net-leased property in O'Fallon, Illinois. The asset sold for $3.089 million. Dominic Sulo, senior managing director, and…
Marcus & Millichap sells Family Dollar in Ohio
Marcus & Millichap closed the sale of a Family Dollar net-leased property in West Union, Ohio, 70 miles east of Cincinnati. The asset sold for…