Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Columbus and Cleveland offices, had the exclusive listing to market the property on behalf of the seller, a REIT. Steve Chaben, Michigan Broker of Record, assisted in closing this transaction.
Century Plaza is located at 37300 Five Mile Road in Livonia, Michigan and is a 100 percent occupied neighborhood center anchored by Davita Dialysis. Patton | Wiles | Fuller Group of Marcus & Millichap was able to generate multiple offers and ultimately closed with a local all cash buyer.
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About Marcus & Millichap (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.
Marcus & Millichap Inc. published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 18:03:01 UTC.