Marcus and Millichap
Marcus & Millichap Hires Retail SVP
Scott Hook rejoins the firm’s Newport Beach, Calif., office, following more than two decades with the firm. He will focus on retail transactions throughout the western U.S., with an emphasis on Southern California.
Duong Retail Closes Inland Empire Record Sale
The company closed escrow on a retail center in Riverside, Calif., and a Black Bear Diner in Chino, Calif., for a total of $9.9 million, at a record cap rate.
Downtown SLC SpringHill Suites Trades Hands
Marcus & Millichap represented the seller and procured the buyer for the 86-key property, which is one of several Salt Lake City hotels to change hands recently.
Marcus & Millichap Brokers Tampa-Area MOB Sale
Marcus & Millichap represented both the seller and the buyer of the 18,708-square-foot property in Riverview, Fla., which traded for $7.2 million.
NoCal Medical Park Trades in 1031 Exchange
Sinogap LLC has exchanged a Silicon Valley redevelopment site for a 21,008-square-foot multi-tenant medical dental office park in Milpitas, Calif., and an apartment community in San Jose, Calif.
BH Properties Lands $253M Loan for NYC Portfolio
New York Life Real Estate Investors provided a 25-year mortgage and mezzanine facility for three Manhattan hotels totaling 1,179 guestrooms.
Bricks & Mortality
Local centers that combine necessity with impulse shopping have been seeing a greater volume and frequency of foot traffic, while today’s regional mall needs an anchor experience or attraction that will make it a destination. How can retail real estate owners control the fate of their retail center?
Marcus & Millichap Arranges Sale of Columbus Retail Center
Northland Plaza, located just 11 miles north of downtown Columbus and The Ohio State University, sold for $4.5 million to a private buyer, after less than one week of bidding offers.
Meet CPE’s 2017 Stars to Watch: Joshua Jandris, Marcus & Millichap
A top gun in seniors housing investment sales, he structured a process for privatizing county-owned facilities that won buy-in from diverse stakeholders.
Atlanta Area Retail Center Changes Hands
The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.
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