Marcus & Millichap Inc.

08/28/2024 | Press release | Distributed by Public on 08/28/2024 16:00

Marcus & Millichap Arranges Sale of 24,211 Square Foot Retail Strip in Whitewater, Wisconsin

Press Releases

Marcus & Millichap Arranges Sale of 24,211-Square-Foot Retail Strip in Whitewater, Wisconsin

August 28, 2024
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WHITEWATER, Wis., August 28, 2024 - 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 Whitewater Plaza, a 24,211-square-foot retail strip property located in Whitewater, Wisconsin. The property sold for $3,615,000.

Dominic Sulo and Sam Malato, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller. Todd Lindblom, Broker of Record in Wisconsin, assisted in closing the transaction.

Located at 1139 W. Main Street, Whitewater Plaza is 94 percent occupied, featuring a diverse mix of service-oriented tenants including Jimmy Johns, Anytime Fitness, Cozumel Mexican Restaurant, Beijing Buffet and more. The plaza is situated on 1.88 acres in a dominant retail area, neighboring major retailers like Walmart and Walgreens, and is located adjacent to the University of Wisconsin-Whitewater.

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About Marcus & Millichap, Inc. (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, 2023, the company had 1,783 investment sales and financing professionals in over 80 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 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.