DENVER, May 19, 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 1221 East 56th Avenue, a fully occupied, 36,300-square-foot multi-tenant industrial property located in Denver, Colorado, according to Adam A. Lewis, regional manager of the firm’s Denver office.

Alyssa Tomback, associate, in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a private investor, was secured and represented by Tomback.

“We enjoyed working to achieve the goals of both parties. Our team procured a value-add investor seeking an outdoor storage opportunity and assisted the seller in unlocking equity to finance retirement,” commented Tomback.

1221 East 56^th Avenue is situated on just over four acres of land in unincorporated Adams County in Denver, Colorado.

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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.