BRENTWOOD, CA, June 8, 2017 – 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 a 18,613-square foot office property located in Brentwood, CA, according to Jeffrey M. Mishkin, regional manager of the firm’s San Francisco office. The asset sold for $3,275,000.
The buyer, a limited liability company, was secured and represented by Erich Reichenbach, an investment specialist in Marcus & Millichap’s San Francisco office.
The subject property is located at 1280 Central Boulevard in Brentwood, CA. The Business Plaza is 100% occupied and is a multi-tenant office/commercial building investment opportunity. This two-story 26-unit building provides a strong mix of professional uses along with health, beauty, Medical and Cosmetic services, Lending Institution, Insurance Services, magazine publishing offices, professional tax brokers and others.
About Marcus & Millichap
With over 1,700 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 over 9,000 transactions in 2016 with a value of approximately $42.3 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