DENVER, August 19, 2021 – 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 Industrial Pipe Solutions, a 20,285-square foot industrial property located in Denver, CO, according to Adam A. Lewis, regional manager of the firm’s Denver office.

Adam Abushagur and Alyssa Tomback, investment specialists in Marcus & Millichap’s Denver and Dallas office’s, had the exclusive listing to market the property on behalf of the seller, a private investor.

Industrial Pipe Solutions is located at 5641 Washington St in Denver, Colo. “There was a lot of interest in this property with the national credit tenant and central location being two biggest interest drivers. We received multiple competitive offers, ultimately a local private family-based investor added the investment to their portfolio,” commented Tomback.

#     #     #

 

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.