James Stonehill

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In The News: M&M Brokers Sale of Five-Property Portfolio
Marcus & Millichap Real Estate Investment Services, brokered the sale of a five-property Office Max/Office Depot portfolio located in Minnesota, West Virginia and Michigan. The sales price was approximately $11.5 million. James Stonehill and Scott Wiles in Marcus & Millichap's Cleveland office and Erin Patton in the firm's Columbus office represented the seller, a local developer. Barry Wolfe, a vice president investments in Fort Lauderdale, represented the buyer, Kin Properties Inc. of Boca Raton, Fla. Ralph Nash of Old Spruce Realty in West Virginia, Solomon Poretsky in Marcus & Millichap's Minnesota office and Jonathon Dwoskin in the firm's Detroit office, also provided representation. The properties are: Office Max, 23,500 square feet, Alexandria, Minn. Office Max, 23,525 square feet, Brainerd, Minn. Office Max, 23,503 square feet, Mankato, Minn. Office Max, 23,620 square feet, Martinsburg, W.Va. Office Depot, 24,000 square feet, Traverse City, Mich.; Denotes Private News

James Stonehill: Associate
Cleveland: Crown Centre
5005 Rockside Road, Suite 1100
Independence, OH 44131
(216) 264-2030: (216) 264-2010 fax; License:
OH SAL.2007001267