San Leandro, CA, November 9, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of CVS a 22,520-square foot retail property located in San Leandro, CA, according to Steven J. Seligman, regional manager of the firm’s Palo Alto office. The asset sold for $4,127,000.
Fabio Sangiorgi, a Retail Investment Specialist in Marcus & Millichap’s Palo Alto office, represented the Buyer. The Buyer, a Limited Liability Company was secured and represented by Fabio Sangiorgi.
CVS is located at East 14th Street, San Leandro, CA.
About Marcus & Millichap (NYSE: MMI)
With nearly 1,500 investment 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 over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company 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