Marcus & Millichap

Erin E. Patton

Overview

Erin Patton is a Senior Director and Vice President Investments within Marcus & Millichap’s National Retail Group. Erin specializes in the acquisition and disposition of retail shopping centers in the Midwest region and net-leased investments throughout the country.  She joined Marcus & Millichap in 2004 and has partnered with Scott Wiles and Craig Fuller to form one of the top retail sales teams in the Midwest. The Patton | Wiles | Fuller team has since expanded to include Jim Stonehill, Dustin Javitch, CJ Jackson, Nick LiBassi, Josephine Zupan, and Sterling Krout. Additionally, the team has a talented full-time support staff consisting of two marketing coordinators, a transaction-management specialist, financial analyst, and two business development representatives. In her time with Marcus & Millichap, Erin has successfully brokered more than $1.25 Billion of retail property sales, totaling 16.75 million square feet.  She has consistently been recognized as a top 15 shopping center Broker nationally, and the top shopping center Broker in the Midwest.  Erin studied at Ohio University where she received a bachelor’s degree in communications.                

Columbus
Erin E. Patton

Erin E. Patton

Vice President Investments
Tel: (614) 360-9035
Fax: (614) 474-1696

License:  OH  SAL.2004010274

International Council of Shopping Centers

Associate Director - Special Asset Services Group
Senior Director - Net Leased Properties Group
Senior Director - National Retail Group
Senior Director - Institutional Property Advisors - Retail Investment Sales

Promoted to Associate in July, 2005
Promoted to Senior Associate in November, 2007
Promoted to Associate Vice President Investments in January, 2012
Promoted to Vice President Investments in July, 2012
Promoted to Senior Director January, 2014
Promoted to Vice President of Investments in July, 2012
Promoted to Senior Associate in November, 2007
Promoted to Associate in July, 2005

Ohio University, Bachelor's Degree in Communication, 2002

National Achievement Award - 2016, 2015, 2014, 2013, 2012
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2008, 2007

Top 15 Shopping Center Agent Nationally: 2015, 2014, 2013, 2012, 2011
Seven Figure Club: 2015, 2014, 2013, 2012, 2011
National Achievement Award: 2015, 2014, 2013, 2012
National Sales Recognition Award: 2015-2007
CoStar Power Broker: 2015-2007
Top Ohio Shopping Center Agent 2015-2007
Top Midwest Shopping Center Agent: 2015, 2014, 2013, 2012, 2011
Globe St #1 Midwest Retail Agent Nationally
Midwest Real Estate News Hall of Fame Inductee: 2014
 
      

Our Team

Erin E. Patton, Scott Wiles, Craig Fuller, James Stonehill, Dustin Javitch, Christopher Jackson, Nick LiBassi, Josephine Zupan

Erin Patton, Scott Wiles and Craig Fuller head up a team based out of the Cleveland and Columbus offices of Marcus & Millichap. Their team specializes in the sale of retail investment properties throughout the United States, with a specific focus on the Midwest region.

Team Members:

  • Scott Wiles
    Vice President Investments
    (216) 264-2000

Listed Properties

Transactions Closed

  • Arby's NNN Corporate

    Arby's NNN Corporate

    Net Leased Restaurant

    Greensboro, NC
    Price: $1,550,000
    Size: 3,289 sqft
    Cap Rate: 6.19%

  • Pavilion Shopping Center

    Pavilion Shopping Center

    Shopping Strip

    Beachwood, OH
    Price: $34,300,000
    Size: 249,873 sqft
    Cap Rate: 7.98%

  • 6700 Rockside Rd

    6700 Rockside Rd

    (Lease Transaction)

    Independence, OH
    Price: $25,000
    Size: 29,072 sqft

  • Creekside Commons Shopping Center

    Creekside Commons Shopping Center

    Shopping Community

    Mentor, OH
    Price: $28,300,000
    Size: 201,879 sqft
    Cap Rate: 7.33%

  • Adena Health NNN Lease

    Adena Health NNN Lease

    Single Tenant Office Medical

    Circleville, OH
    Price: $840,000
    Size: 5,394 sqft
    Cap Rate: 11.56%

  • Shoppes at Stonecreek

    Shoppes at Stonecreek

    Shopping Regional

    Pickerington, OH
    Price: $8,142,500
    Size: 44,834 sqft
    Cap Rate: 8.94%

  • Dollar General

    Dollar General

    Net Leased Discount

    Monroe, NC
    Price: $725,000
    Size: 9,100 sqft
    Cap Rate: 8.77%

  • Highland Lakes Center

    Highland Lakes Center

    Shopping Community

    Orlando, FL
    Price: $21,500,000
    Size: 311,970 sqft
    Cap Rate: 10.00%

  • Great Lakes Plaza

    Great Lakes Plaza

    Shopping Community

    Mentor, OH
    Price: $8,000,000
    Size: 81,622 sqft
    Cap Rate: 9.61%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Bastrop, LA
    Price: $580,000
    Size: 9,000 sqft
    Cap Rate: 7.93%

  • Sam's Club NN Lease

    Sam's Club NN Lease

    Net Leased Miscellaneous

    Brooklyn, OH
    Price: $21,425,000
    Size: 147,771 sqft
    Cap Rate: 6.87%

  • Barberton Shopping Center

    Barberton Shopping Center

    Shopping Strip

    Barberton, OH
    Price: $6,675,000
    Size: 101,688 sqft
    Cap Rate: 7.34%

  • Courtland Hall

    Courtland Hall

    Office

    Pepper Pike , OH
    Price: $3,500,000
    Cap Rate: 10.12%

  • Heritage Square

    Heritage Square

    Shopping Neighborhood

    Granger, IN
    Price: $20,500,000
    Size: 188,344 sqft
    Cap Rate: 7.54%

  • Family Dollar

    Family Dollar

    Net Leased Drug Store

    Monroe, LA
    Price: $555,000
    Size: 9,180 sqft
    Cap Rate: 8.72%

  • Meadow Park Plaza

    Meadow Park Plaza

    Shopping Neighborhood

    Wilmington, OH
    Price: $6,675,000
    Size: 153,976 sqft
    Cap Rate: 9.06%

  • Pine Corners

    Pine Corners

    Office

    Mentor, OH
    Price: $2,525,000
    Cap Rate: 13.41%

  • Village Crossings

    Village Crossings

    Shopping Community

    Cincinnati, OH
    Price: $6,275,000
    Size: 89,008 sqft
    Cap Rate: 8.74%

  • Dollar General

    Dollar General

    Net Leased Discount

    Seymour, TN
    Price: $775,000
    Size: 9,100 sqft
    Cap Rate: 8.73%

  • North Olmsted Towne Center

    North Olmsted Towne Center

    Shopping Neighborhood

    North Olmsted, OH
    Price: $17,790,000
    Size: 95,446 sqft
    Cap Rate: 8.48%

  • Downtown Cleveland Parking Lot - CSU Campus

    Downtown Cleveland Parking Lot - CSU Campus

    Net Leased Miscellaneous

    Cleveland, OH
    Price: $2,255,000
    Size: 37,854 sqft
    Cap Rate: 11.09%

  • The Shops at Ety Village

    The Shops at Ety Village

    Shopping Strip

    Lancaster, OH
    Price: $4,750,000
    Size: 29,400 sqft
    Cap Rate: 7.14%

  • Walmart NNN Ground-Lease

    Walmart NNN Ground-Lease

    Net Leased Miscellaneous

    Mayfield Heights, OH
    Price: $17,100,000
    Size: 137,133 sqft
    Cap Rate: 5.79%

  • PROGRESS PARKWAY COMPLEX

    PROGRESS PARKWAY COMPLEX

    Office

    Mentor, OH
    Price: $2,125,000
    Cap Rate: 9.21%

  • T J Maxx Center

    T J Maxx Center

    Shopping Regional

    GRAND CHUTE, WI
    Price: $16,100,000
    Size: 120,789 sqft
    Cap Rate: 7.80%

  • Delhi Center

    Delhi Center

    Shopping Neighborhood

    Cincinnati, OH
    Price: $4,500,000
    Size: 140,281 sqft
    Cap Rate: 9.84%

  • Waxahachie Crossing

    Waxahachie Crossing

    Shopping Community

    Waxahachie, TX
    Size: 96,983 sqft
    Cap Rate: 7.81%

  • Cedar Center North

    Cedar Center North

    Shopping Community

    South Euclid, OH
    Price: $15,414,885
    Size: 61,466 sqft
    Cap Rate: 8.16%

  • Sawmill Center - Meijer Outparcel

    Sawmill Center - Meijer Outparcel

    Shopping Strip

    Dublin, OH
    Price: $2,205,000
    Size: 11,388 sqft
    Cap Rate: 7.89%

  • State Hill Plaza

    State Hill Plaza

    Shopping Strip

    Parma, OH
    Price: $867,500
    Size: 14,659 sqft
    Cap Rate: 9.33%

  • Tire Discounters

    Tire Discounters

    Net Leased Auto Parts

    Columbus, OH
    Price: $1,682,500
    Size: 6,000 sqft
    Cap Rate: 8.20%

  • Shreve City Shopping Center

    Shreve City Shopping Center

    Shopping Community

    Shreveport, LA
    Price: $15,400,000
    Size: 340,926 sqft
    Cap Rate: 10.46%

  • Lowe's Home Improvement Ground Lease

    Lowe's Home Improvement Ground Lease

    Net Leased Miscellaneous

    Cincinnati, OH
    Price: $14,253,731
    Size: 138,445 sqft
    Cap Rate: 6.70%

  • New Boston Shopping Center

    New Boston Shopping Center

    Shopping Strip

    NEW BOSTON, OH
    Price: $1,675,000
    Size: 236,988 sqft
    Cap Rate: 8.04%

  • Arby's

    Arby's

    Net Leased Restaurant

    Macedonia, OH
    Price: $1,525,000
    Size: 3,161 sqft
    Cap Rate: 6.89%

  • North Ridge Plaza

    North Ridge Plaza

    Shopping Community

    Joliet, IL
    Price: $14,150,000
    Size: 230,191 sqft
    Cap Rate: 8.50%

  • Dollar General

    Dollar General

    Net Leased Discount

    Hays, NC
    Price: $1,122,715
    Size: 9,026 sqft
    Cap Rate: 7.15%

  • Twinsburg Plaza

    Twinsburg Plaza

    Shopping Strip

    Twinsburg, OH
    Price: $11,450,000
    Size: 121,214 sqft
    Cap Rate: 2.18%

  • Pine Lake & Saddlebrook Apartments

    Pine Lake & Saddlebrook Apartments

    Multifamily

    Hilliard, OH
    Price: $4,985,106
    Size: 72,768 sqft
    Size: 88 units
    Cap Rate: 7.30%

  • Drug Mart Shopping Center Portfolio

    Drug Mart Shopping Center Portfolio

    Shopping Strip

    Parma Heights, OH
    Price: $11,200,000
    Size: 101,845 sqft
    Cap Rate: 7.65%

  • Kohl's Absolute NNN Lease

    Kohl's Absolute NNN Lease

    Net Leased Department Store

    Westerville, OH
    Price: $10,750,000
    Size: 99,380 sqft
    Cap Rate: 6.50%

  • BJS Wholesale Club and Waffle House

    BJS Wholesale Club and Waffle House

    Shopping Community

    Allentown, PA
    Price: $10,625,000
    Size: 106,470 sqft
    Cap Rate: 8.04%

  • Cross Pointe IV

    Cross Pointe IV

    Shopping Strip

    Centerville, OH
    Price: $2,725,000
    Size: 19,722 sqft
    Cap Rate: 8.62%

  • The Shoppes at Adams Ridge

    The Shoppes at Adams Ridge

    Shopping Community

    Mars, PA
    Price: $10,080,000
    Size: 49,060 sqft
    Cap Rate: 9.88%

  • Best Buy & Michael's - Retail

    Best Buy & Michael's - Retail

    Shopping Community

    Holland, MI
    Price: $9,900,000
    Size: 51,642 sqft
    Cap Rate: 7.26%

  • Belden Village Commons

    Belden Village Commons

    Shopping Community

    Canton, OH
    Price: $9,385,000
    Size: 172,419 sqft
    Cap Rate: 8.70%

  • Wimbledons Plaza

    Wimbledons Plaza

    Shopping Neighborhood

    Springdale, OH
    Price: $5,225,000
    Size: 48,300 sqft
    Cap Rate: 10.08%

  • Colonial Plaza

    Colonial Plaza

    Shopping Strip

    Canfield, OH
    Price: $8,820,000
    Size: 100,958 sqft
    Cap Rate: 8.49%

  • Mentor City Shopping Center

    Mentor City Shopping Center

    Shopping Community

    Mentor, OH
    Price: $8,700,000
    Size: 140,918 sqft
    Cap Rate: 8.57%

  • Terrace at Florida Mall

    Terrace at Florida Mall

    Shopping Community

    Orlando, FL
    Price: $8,250,000
    Size: 146,764 sqft
    Cap Rate: 7.58%

  • West Broad Plaza

    West Broad Plaza

    Shopping Neighborhood

    Columbus, OH
    Price: $8,425,000
    Size: 141,482 sqft
    Cap Rate: 8.44%

  • PNC - Single Tenant NNN

    PNC - Single Tenant NNN

    Net Leased Bank

    Miamisburg, OH
    Price: $8,000,000
    Size: 68,000 sqft
    Cap Rate: 8.38%

  • Harvest Plaza

    Harvest Plaza

    Shopping Community

    Akron, OH
    Price: $7,960,000
    Size: 75,866 sqft
    Cap Rate: 7.13%

  • Oregon Trails Plaza

    Oregon Trails Plaza

    Shopping Neighborhood

    Stow, OH
    Price: $7,775,000
    Size: 78,098 sqft
    Cap Rate: 8.17%

  • Sugarcreek Crossing I

    Sugarcreek Crossing I

    Shopping Neighborhood

    Dayton, OH
    Price: $7,550,000
    Size: 36,756 sqft
    Cap Rate: 6.64%

  • Rite Aid Portfolio

    Rite Aid Portfolio

    Shopping Regional

    4 properties in Eastern, OH
    Price: $7,514,921
    Size: 45,451 sqft
    Cap Rate: 7.77%

  • Cvs Plaza

    Cvs Plaza

    Shopping Strip

    Rocky River, OH
    Price: $7,380,000
    Size: 47,738 sqft
    Cap Rate: 7.80%

  • Westown Square

    Westown Square

    Shopping Community

    Cleveland, OH
    Price: $7,250,000
    Size: 176,774 sqft
    Cap Rate: 15.69%

  • Aurora Commons - Grocery Anchored

    Aurora Commons - Grocery Anchored

    Shopping Strip

    Aurora, OH
    Price: $7,000,000
    Size: 89,211 sqft
    Cap Rate: 10.05%

  • Washington Lawndale Commons

    Washington Lawndale Commons

    Shopping Community

    Evansville, IN
    Price: $6,900,000
    Size: 331,912 sqft
    Cap Rate: 11.17%

  • Westwood Square

    Westwood Square

    Shopping Community

    Alliance, OH
    Price: $6,687,500
    Size: 77,820 sqft
    Cap Rate: 9.11%

  • Widewaters Commons

    Widewaters Commons

    Shopping Neighborhood

    Uniontown, PA
    Price: $6,600,000
    Size: 173,576 sqft
    Cap Rate: 9.10%

  • Symmes Gate Station

    Symmes Gate Station

    Shopping Community

    Loveland, OH
    Price: $6,600,000
    Size: 40,313 sqft
    Cap Rate: 8.41%

  • Walgreens - Strong Sales

    Walgreens - Strong Sales

    Net Leased Drug Store

    Glen Burnie, MD
    Price: $6,486,000
    Size: 13,650 sqft
    Cap Rate: 6.09%

  • Belmont Plaza

    Belmont Plaza

    Shopping Strip

    Youngstown, OH
    Price: $6,300,000
    Size: 120,036 sqft
    Cap Rate: 9.90%

  • Maple Leaf Square

    Maple Leaf Square

    Shopping Strip

    Maple Heights, OH
    Price: $6,250,000
    Size: 49,608 sqft
    Cap Rate: 8.52%

  • Verizon Retail Center

    Verizon Retail Center

    Shopping Strip

    Alliance, OH
    Price: $630,020
    Size: 5,000 sqft
    Cap Rate: 7.98%

  • Brookgate Shopping Center

    Brookgate Shopping Center

    Shopping Strip

    Brook Park, OH
    Price: $6,200,000
    Size: 207,623 sqft
    Cap Rate: 9.88%

  • Home Depot Ground Lease

    Home Depot Ground Lease

    Net Leased Miscellaneous

    Lafayette, IN
    Price: $5,835,000
    Size: 133,868 sqft
    Cap Rate: 6.00%

  • Shoppes at Turnberry

    Shoppes at Turnberry

    Shopping Community

    Pickerington, OH
    Price: $5,825,000
    Size: 59,495 sqft
    Cap Rate: 9.48%

  • Massillon City Center

    Massillon City Center

    Shopping Neighborhood

    Massillon, OH
    Price: $5,800,000
    Size: 50,266 sqft
    Cap Rate: 9.37%

  • Garfield Mall

    Garfield Mall

    Shopping Regional

    Garfield Heights, OH
    Price: $5,700,000
    Size: 231,329 sqft
    Cap Rate: 13.69%

  • Bed Bath and Beyond

    Bed Bath and Beyond

    Net Leased Department Store

    Mishawaka, IN
    Price: $5,700,000
    Size: 38,042 sqft
    Cap Rate: 7.74%

  • The Commons at Clark Hall

    The Commons at Clark Hall

    Shopping Strip

    Gahanna, OH
    Price: $5,650,000
    Size: 22,792 sqft
    Cap Rate: 7.97%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Lakewood, OH
    Price: $5,550,000
    Size: 14,000 sqft
    Cap Rate: 7.93%

  • Marshall Plaza

    Marshall Plaza

    Shopping Neighborhood

    Marshall, MI
    Price: $5,450,000
    Size: 119,479 sqft
    Cap Rate: 11.63%

  • Mentor Plaza

    Mentor Plaza

    Shopping Community

    Mentor, OH
    Price: $5,440,000
    Size: 103,910 sqft
    Cap Rate: 9.51%

  • Twinsburg Plaza

    Twinsburg Plaza

    Shopping Strip

    Twinsburg, OH
    Price: $5,140,000
    Size: 117,512 sqft
    Cap Rate: 11.81%

  • Pat Catan's Plaza

    Pat Catan's Plaza

    Shopping Neighborhood

    Parma, OH
    Price: $4,850,000
    Size: 76,604 sqft
    Cap Rate: 8.97%

  • Arby's

    Arby's

    Net Leased Restaurant

    Cincinnati, OH
    Price: $865,000
    Size: 2,388 sqft
    Cap Rate: 6.47%

  • Lafayette Shopping Center (Kroger)

    Lafayette Shopping Center (Kroger)

    Shopping Strip

    Lafayette, IN
    Price: $4,825,000
    Size: 90,500 sqft
    Cap Rate: 7.10%

  • Chesterland Square

    Chesterland Square

    Shopping Neighborhood

    Wooster, OH
    Price: $4,760,000
    Size: 46,295 sqft
    Cap Rate: 9.14%

  • Walgreens Absolute NNN - Rent Bumps

    Walgreens Absolute NNN - Rent Bumps

    Net Leased Drug Store

    Strongsville, OH
    Price: $4,625,000
    Size: 14,964 sqft
    Cap Rate: 6.35%

  • New Castle Plaza

    New Castle Plaza

    Shopping Community

    New Castle, IN
    Price: $4,600,000
    Size: 92,148 sqft
    Cap Rate: 10.33%

  • Shops at Legacy Crossing

    Shops at Legacy Crossing

    Shopping Strip

    Marion, OH
    Price: $2,175,000
    Size: 13,267 sqft
    Cap Rate: 9.78%

  • Cvs - El Campesino

    Cvs - El Campesino

    Urban-High Street Retail

    Altoona, PA
    Price: $4,215,000
    Size: 17,455 sqft
    Cap Rate: 8.04%

  • PetSmart - Absolute NNN Lease

    PetSmart - Absolute NNN Lease

    Net Leased Miscellaneous

    Parma, OH
    Price: $4,212,500
    Size: 26,391 sqft
    Cap Rate: 8.00%

  • Washington Park Plaza

    Washington Park Plaza

    Shopping Strip

    Dayton, OH
    Price: $4,100,000
    Size: 178,750 sqft
    Cap Rate: 12.91%

  • Ghent Road Plazas

    Ghent Road Plazas

    Shopping Strip

    Fairlawn, OH
    Price: $4,075,000
    Size: 33,253 sqft
    Cap Rate: 10.58%

  • Goodyear

    Goodyear

    Net Leased Auto Service - Gas/Conv.

    Pittsburgh, PA
    Price: $604,000
    Size: 10,000 sqft
    Cap Rate: 6.98%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Nashville, NC
    Price: $4,025,000
    Size: 11,180 sqft
    Cap Rate: 6.11%

  • Cambridge Square

    Cambridge Square

    Shopping Strip

    Cambridge, OH
    Price: $4,000,000
    Size: 78,065 sqft
    Cap Rate: 8.86%

  • Best Buy NNN Ground Lease

    Best Buy NNN Ground Lease

    Net Leased Electronics

    Avon, OH
    Price: $3,975,000
    Size: 30,814 sqft
    Cap Rate: 6.49%

  • Advance Auto Parts

    Advance Auto Parts

    Net Leased Auto Parts

    Tiffin, OH
    Price: $1,520,000
    Size: 6,895 sqft
    Cap Rate: 6.97%

  • Strongsville Shopping Center

    Strongsville Shopping Center

    Shopping Strip

    Strongsville, OH
    Price: $3,925,000
    Size: 30,750 sqft
    Cap Rate: 10.01%

  • Skyline Chili

    Skyline Chili

    Net Leased Restaurant

    Dayton, OH
    Price: $1,240,000
    Size: 2,811 sqft
    Cap Rate: 6.77%

  • Kerr Drugstore (Walgreens)

    Kerr Drugstore (Walgreens)

    Net Leased Drug Store

    Pittsboro, NC
    Price: $3,800,000
    Size: 10,280 sqft
    Cap Rate: 6.20%

  • Big Lots

    Big Lots

    Net Leased Discount

    Olympia, WA
    Price: $3,700,000
    Size: 35,776 sqft
    Cap Rate: 7.25%

  • Lazelle Marketplace at Polaris

    Lazelle Marketplace at Polaris

    Shopping Community

    Columbus, OH
    Price: $3,667,750
    Size: 28,000 sqft
    Cap Rate: 8.70%

  • Broadway Shoppes

    Broadway Shoppes

    Shopping Strip

    Cleveland, OH
    Price: $3,625,000
    Size: 136,818 sqft
    Cap Rate: 10.88%

There are additional transactions closed, contact us for more.

In The News

  • Marcus & Millichap Brokers $6.6M Sale of 153,976 SF Shopping Center in Southern Ohio

    WILMINGTON, OHIO —Marcus & Millichap has brokered the sale of a 153,976-square-foot community shopping center in Wilmington, approximately 50 miles northwest of Cincinnati, for $6.6 million. - See...

    Read More

    Marcus & Millichap Brokers $4.3M Sale of Retail Property in Cincinnati Suburb

    HAMILTON, OHIO — Marcus & Millichap has brokered the sale of a 200,720-square-foot retail property for $4.3 million.

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    Dayton Mall-area strip center sold

    Home Center, a 81,438-square-foot retail property at 518 Miamisburg Centerville Road, has been sold, real estate investment services firm Marcus & Millichap said.

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  • Marcus & Millichap sells 50,000-square-foot retail center in Ohio

    Marcus & Millichap has closed the sale of Massillon City Center, a 50,266-square-foot retail property in Massillon, Ohio. The retail center sold for $5.8 million. It features a mix of national,...

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    IPA Arranges $15.4M Sale of Shopping Center in South Euclid, Ohio

    Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $15.4 million sale of Cedar Center North, a 61,466-square-foot shopping plaza in the Cleveland suburb of...

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    $15.4 Million Suburban Cleveland Retail Sale Arranged by IPA

    Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Cedar...

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  • M&M Brokers $4.7M Sale of 29,400 SF Retail Property in Lancaster, Ohio

    Marcus & Millichap has brokered the $4.7 million sale of The Shops at Ety Village, a 29,400-square-foot retail property in Lancaster. C.J. Jackson, Erin Patton, Craig Fuller and Scott Wiles of...

    Read More

    Marcus & Millichap sells 103,000-square-foot retail center in Ohio

    Marcus & Millichap has closed the sale of Mentor Plaza, a 103,910-square-foot retail property in Mentor, Ohio. The retail center sold for $5.44 million. Craig Fuller, Scott Wiles and Erin Patton,...

    Read More

    Marcus & Millichap arrange sale of Taco Bell in Pa.

    Dustin Javitch, Craig Fuller, Scott Wiles and Erin E. Patton, investment specialists at the firm's Cleveland office, exclusively marketed the property on behalf of the seller, a limited liability...

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  • Marcus & Millichap sells grocery-anchored retail center in Akron

    Marcus & Millichap closed the sale of Harvest Plaza, a 75,866-square-foot retail property in Akron, Ohio. The plaza sold for $7.96 million. Craig Fuller, Erin Patton and Scott Wiles, investment...

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    Marcus & Millichap sells 99,000-square-foot Kohl’s department store in Ohio

    Marcus & Millichap closed the sale of a 99,380-square foot Kohl’s department store in Westerville, Ohio. The store sold for $10.75 million, which equates to $108 a square foot. Dean Zang and Mark...

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    Kohl’s in Westerville sells for $10.75M

    A Maryland-based investment firm has purchased the Kohl's department store building within the Westerville Plaza retail center. SPMC Urban Properties paid $10.75 million for the 99,380-square-foot...

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  • Marcus & Millichap sells Home Depot ground lease in Lafayette

    Marcus & Millichap recently sold a Home Depot ground lease, a 133,868-square-foot net-leased property located in Lafayette, Ind. The asset sold for $5.835 million. Craig Fuller, Scott Wiles and...

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    Marcus & Millichap Launches IPA-Retail Division

    CALABASAS, CA—IPA first launched in 2010 to expand services for major investors in the multifamily sector. Now, this new retail division, which GlobeSt.com EXCLUSIVELY learns about, will be...

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    M&M Arranges $8.7M Sale of 140,918 SF Shopping Center in Mentor, Ohio

    MENTOR, OHIO — Marcus & Millichap has arranged the $8.7 million sale of Mentor City Shopping Center. The 140,918-square- foot retail property is located at 7845 Mentor Ave. in Mentor. Babies R Us,...

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  • Marcus & Millichap sells 90,000-square-foot retail center in Indiana

    Marcus & Millichap recently sold the Lafayette Shopping Center, a 90,500-square-foot retail center in Lafayette, Ind. The property sold for $4.825 million. Craig Fuller, Erin Patton and Scott...

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    Marcus & Millichap sells 38,000-square-foot Bed Bath & Beyond store in Indiana

    Marcus & Millichap recently closed the sale of Bed Bath & Beyond, a 38,042-square-foot net-leased property located in Mishawaka, Ind. The asset sold for $5.7 million. Craig Fuller, Erin Patton and...

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    M&M Brokers $5.2M Sale of 48,300 SF Retail Property

    SPRINGDALE, OHIO —Marcus & Millichap has brokered the $5.2 million sale of a 48,300-square-foot retail property in Springdale, an area on the northeast side of Cincinnati. Wimbledons Plaza is...

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  • Marcus & Millichap sells 20,000-square-foot retail center in Indiana

    Marcus & Millichap recently sold Clinton Plaza, a 20,008-square-foot retail property in Frankfort, Ind. The asset sold for more than $1 million. Erin Patton, Scott Wiles and Craig Fuller,...

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    M&M ARRANGES $1.7 M SALE OF 6,895 SF ADVANCE AUTO PARTS IN OHIO

    BELPRE, OHIO — Marcus & Millichap has arranged the $1.7 million sale of a 6,895-square-foot property in Belpre. The net-leased Advance Auto Parts property is located at 1218 Washington Blvd. The...

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    Northeast Ohio shopping center market is booming

    Even before Golden Gate Shopping Center in Mayfield Heights changed hands for $47 million, investment sales analyst Alec Pacella told himself that the market for shopping center sales was “on fire”...

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  • Pavilion Shopping Center in Beachwood sold to private real estate investment trust

    Pavilion Shopping Center in Beachwood sold to private real estate investment trust

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    20 to Know in Commercial Real Estate - Erin Patton

    Tell us about the commercial real estate scene in the Columbus area this year. Are things looking better or worse, and in which sectors? There are lots of positive things going on here in...

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    Marcus & Millichap Real Estate Investment Services recently closed the sale of Discount Drug Mart Center, a 31,762-square-foot retail property located in Kent, Ohio.

    Marcus & Millichap Real Estate Investment Services recently closed the sale of Discount Drug Mart Center, a 31,762-square-foot retail property located in Kent, Ohio. The asset sold for $2.85...

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  • LOWE’S GROUND LEASE IN CINCINNATI SELLS FOR $14.3M

    CINCINNATI — Marcus & Millichap has arranged the $14.3 million sale of a 138,445-square-foot Lowe’s Home Improvement store ground lease in Cincinnati. The sale price equates to $103 per square...

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    M&M ARRANGES $2.4M SALE OF 189,996 SF RETAIL PROPERTY

    WARREN, OHIO – Marcus & Millichap has arranged the $2.4 million sale of Trumbull Plaza, a 189,996-square-foot retail property located in Warren, a city in northeast Ohio. Erin Patton, Scott Wile,...

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    Marcus & Millichap Real Estate Investment Services recently closed the sale of Trumbull Plaza, a 189,996-square-foot retail property located in Warren, Ohio.

    Erin Patton, Scott Wiles and Craig Fuller, investment specialists in Marcus & Millichap’s Columbus and Cleveland offices, had the exclusive listing to market the property on behalf of the seller, a...

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  • Marcus & Millichap sells 95,000-square-foot shopping center near Cleveland

    Marcus & Millichap Real Estate Investment Services recently closed the sale of the North Olmsted Towne Center, a 95,446-square-foot shopping center located along Brookpark Road in North Olmsted,...

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    Simon sells The Terrace at Florida Mall

    The country's largest real estate investment trust, Simon Properties Inc., has sold a shopping center next to Florida Mall for $8.25 million.

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    Devonshire REIT Purchases Delhi Shopping Center

    Devonshire REIT purchased the 134,973-square-foot Delhi Shopping Center from Todds Enterprises for $4.5 million, or about $33 per square foot. Both companies are based in Ohio. Devonshire REIT...

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  • Marcus & Millichap closes sale of 147,000-square-foot Sam’s Club in Ohio

    Marcus & Millichap Real Estate Investment Services arranged the all-cash sale of a 147,771-square-foot free-standing, triple-net leased Sam’s Club located in Brooklyn, Ohio. The sales price of...

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    Marcus & Millichap Real Estate Investment Services arranged the all-cash sale of a 147,771-square-foot free-standing, triple-net leased Sam’s Club located in Brooklyn, Ohio.

    Marcus & Millichap Real Estate Investment Services arranged the all-cash sale of a 147,771-square-foot free-standing, triple-net leased Sam’s Club located in Brooklyn, Ohio. The sales price of more...

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    Marcus & Millichap sells 89,000-square-foot retail center in suburb of Cincinnati

    Marcus & Millichap Real Estate Investment Services recently closed the sale of Village Crossings, an 89,008-square-foot retail property in the Cincinnati suburb of Evendale, Ohio. The shopping...

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  • Marcus & Millichap sells 11 properties in Ohio and Pennsylvania

    Marcus & Millichap Real Estate Investment Services recently sold 11 investment properties located in Ohio and Pennsylvania. The property sales took place over 10 days and commanded sales prices...

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    Mentor Industrial Portfolio Fetches $4.7 Million

    FR Progress Parkway LLC acquired two industrial buildings in Mentor, OH, from O F Associates for $4.65 million or $68 per square foot. The two properties, which are located within 1 mile of one...

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    Pittsburgh Firm Buys Garfield Mall for $5.7 Million

    Glimcher Group Inc., a Pittsburgh, PA-based commercial brokerage firm, acquired Garfield Mall in Cleveland, OH, from J&J Slyman LLC for $5.7 million, or about $23 per square foot. The property was...

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  • Marcus & Millichap promotes eight Midwest agents to VP positions

    Marcus & Millichap Real Estate Investment Services recently promoted eight Midwest agents to vice president of investments. This designation recognizes superior achievement by an associate during...

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    Marcus & Millichap promotes associate in Columbus office to vice president of investments

    Marcus & Millichap Real Estate Investment Services recently promoted Erin Patton of its Columbus, Ohio, office to associate vice president of investments. This achievement is one of the highest...

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    Investor Purchases Munhall Square II for $3.1M

    Center Associates Realty Corporation sold the Munhall II Shopping Center to Gordon Real Estate Company, Inc. for $3.05 million, or about $81 per square foot. The property is a 37,720-square-foot...

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  • Marcus & Millichap Handles Exchange of Office and Retail Complex

    TNP Strategic Retail Trust Inc., an Irvine, CA-based REIT, acquired the Aurora Commons office and retail complex in Aurora, OH, from H&S Co. Ltd. for $7 million, or about $82 per square foot. The...

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    Regional retailing vacancies fill slowly

    The number of vacant stores in Columbus could reach a five-year low in 2012, but the reasons don’t exactly add up to good news. The prediction is included in a report, by Marcus & Millichap...

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    Retail resurgence gaining strength in Central Ohio

    Central Ohio’s retail real estate market is poised for a healthy showing in 2012. Rents and leases with merchants are stabilizing, and a slowdown in construction means the region’s glut of vacant...

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  • Marcus & Millichap Real Estate Investment Services recently completed the sale of The Shoppes at Town & Country, a 15,311-square-foot retail property located in Columbus.

    Marcus & Millichap Real Estate Investment Services recently completed the sale of The Shoppes at Town & Country, a 15,311-square-foot retail property located in Columbus. The asset commanded a...

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    CMN Quinlan Pays $1.325M For Hilliard Plaza

    CMN Quinlan acquired the single-story Hilliard Plaza in Hilliard, OH, from Chuck Warner of Chuck Warner & Associates for $1,325,000, or about $110 per square foot. The shopping center building...

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    Marcus & Millichap Negotiates $10M Sale of Pennsylvania Shopping Center

    Marcus & Millichap Real Estate Investment Services negotiated the sale of the Shoppes at Adams Ridge, a 49,060-square-foot grocery-anchored shopping center in Mars, Pa. for $10.08 million. The...

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  • Shopping Plaza in Willoughby Trades for $2.5 Million

    Lakewest Plaza Holdings LLC, an investment group, purchased the retail center at 35535 Euclid Ave. in Willoughby, OH, from North Coast Properties for $2.55 million, or about $124 per square foot....

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    CoStar Power Broker Award Winners 2010

    CoStar Announces its top investment sales brokers for 2010

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    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...

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  • Marcus & Millichap Arranges Sale of Ohio Restaurant Building

    Marcus & Millichap Real Estate Investment Services recently sold a 4,320-square-foot building leased to an Applebee's restaurant in Alliance, Ohio. The asset commanded a sales price of more than $2...

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    Erin Patton, Scott Wiles and Craig Fuller of Marcus & Millichap Assist in Sale of Texas Shopping Center

    With the help of the company's Cleveland and Columbus offices, Marcus & Millichap Real Estate Investment Services recently brokered the sale of Waxahachie Crossing, a 96,983-square-foot shopping...

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    Retail-property recovery predicted in area

    Retail real estate in Columbus is expected to gradually become more attractive to investors this year. However, Columbus and other Ohio cities are expected to recover from the recession more slowly...

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  • CoStar Power Broker Award Winners 2009

    CoStar Announces its top investment sales brokers for 2009

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    213,785-SQUARE-FOOT ASHLAND SQUARE RETAIL CENTER SELLS

    ASHLAND, OHIO — Ashland Square, a 213,785-square-foot retail center located in Ashland, has been sold.

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    Snowville Plaza sells for $2.1 million

    A New York investor has purchased Snowville Plaza in Parma for $2.1 million, according to property records. JDS Snowville Center LLC, a Cleveland investor, sold the shopping center to 13 Associates...

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  • CoStar Power Broker Award Winners 2008

    CoStar Announces its top investment sales brokers for 2008

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    MARCUS & MILLICHAP BROKERS SALE OF 128,028-SQUARE-FOOT RETAIL CENTER

    KENT, OHIO — Marcus & Millichap has brokered the sale of University Plaza, a 128,028-square-foot retail center located at Cherry and South Water streets in Kent.

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    MARCUS & MILLICHAP BROKERS $1.85 MILLION SALE OF STRIP CENTER

    PICKERINGTON, OHIO — Marcus & Millichap Real Estate Investment Services has brokered the sale of Cross Creek Shopping Center, a retail center located on Crosscreeks Boulevard in Pickerington.

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  • CoStar Power Broker Award Winners 2007

    CoStar Announces its top investment sales brokers for 2007

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    3 Drug Mart plazas find buyers

    Local retail real estate investor Spielberger Properties Ltd. has sold a portfolio of three Discount Drug Mart-anchored shopping centers for $11.2 million. The buyer, SRC Investment Corp., then...

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    Maple retail center fetches $6.3 million

    The Maple Leaf Square Shopping Center, a PetSmart-anchored shopping center at 5448 Warrensville Center Road in Maple Heights, has changed hands. West Maps Realty LLC of New York has bought the...

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