Marcus & Millichap Arranges The Sale Of A 16,347-Square-Foot Industrial Building
MELROSE PARK, IL, October 1, 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 5009 West Lake Street, a 16,347-square-foot industrial property located in Melrose Park, IL, according to Joe Powers, regional manager of the firm’s Chicago Downtown office. The asset sold for $1,005,000.
Adam Abushagur, John Brown and Tyler Sharp, investment specialists in Marcus & Millichap’s Chicago Downtown and Dallas offices, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, the tenant of the property, was secured by Adam Abushagur, John Brown and Tyler Sharp,
5009 West Lake Street is located in Melrose Park, IL. The property is a fully occupied, single-tenant warehouse with fenced in outside storage.
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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.