Marcus & Millichap : Arranges The Sale of a 1,950-Square Foot Net-Leased Seattle Property
March 22, 2024 at 03:45 pm
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Marcus & Millichap Arranges The Sale of a 1,950-Square Foot Net-Leased Seattle Property
March 21, 2024
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SEATTLE, WA, March 21, 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 Shell Station (Ballard), a 1,950-square foot net-leased property located in Seattle, WA. The asset sold for $3,250,000.
Hank Wolfer, an investment specialist in Marcus & Millichap's Seattle office, had the exclusive listing to market the property on behalf of the seller, a partnership.
Shell Station (Ballard) is located at 6759 15th Ave NW in Seattle, WA.
The property will remain a Shell Station moving forward and will be operated by a local, experienced owner of several other fuel stations in the region. Hank Wolfer represents multiple buyers who are currently looking to acquire additional fuel station opportunities along the western United States, contact him direct for more information.
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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.
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21 March 2024 and is solely responsible for the information contained therein. Distributed by
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Marcus & Millichap, Inc. is a brokerage company. The Company is specialized in commercial real estate investment sales, financing services, research, and advisory services. The Company also offers market research, consulting, and advisory services to its clients. The Company offers services to its clients by underwriting, marketing, selling, and financing commercial real estate properties in a manner that maximizes value for sellers, provides buyers with a diverse inventory of commercial properties, and secures competitive financing from lenders for borrowers. The Company divides its commercial real estate into four market segments: properties, private client market, middle market, and larger transaction market. The Company serves clients with one property, multiple properties, and large investment portfolios. The Companyâs investment brokerage and financing professionals serve private clients within the private client market segment.