BRADENTON, Fla., Dec. 09, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a portfolio of industrial storage facilities in Bradenton, Florida. The two-facility portfolio sold for $6.15 million.
The deal consists of an 18,000-square-foot, single-tenant, net-leased building located at 6115 31st Street East and a 38,000-square-foot, multi-tenant building located at 6205 31st Street East.
“We were able to secure multiple offers and achieve a favorable result for the seller,” said Jaclyn Blair, first vice president investments.
Blair, Douglas K. Mandel, Erick Gonzalez, and James Defusto, investment specialists in Marcus & Millichap’s Tampa and Fort Lauderdale offices, had the exclusive listing to market the property on behalf of the seller, an LLC. The New Jersey-based buyer, a limited liability company, was procured by Blair and Mandel.
Bradenton Industrial Portfolio is situated on a 3.78-acre property and has easy access to major thoroughfares, including Interstate 75 and U.S. 301. The buildings feature dock-high and drive-in doors and include air-conditioned warehouse space.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.