Jul
31
Marcus & Millichap Arranges Sale of Minneapolis Restaurant
ByThe company represented both the seller and the buyer in the transaction. The more than 5,000-square-foot property is located near major employers such as Best Buy, Starbucks, Target and The UPS Store.
After closing a 7,500-square-foot retail property deal in Norwood Park, Chicago, Marcus & Millichap arranged the $4.3 million sale of Applebee’s, a 5,156-square-foot property located in Rochester, Minn.
Investment specialists in Marcus & Millichap’s Minneapolis office— Adam Prins, Matthew Hazelton, Cory Vilaume and Sean Doyle—represented the buyer, a limited liability company and had the exclusive listing to market the asset on behalf of the seller…