Marcus & Millichap

Paul Kerber

Overview

Detroit
Paul Kerber

Paul Kerber

First Vice President Investments
Tel: (248) 415-2612
Fax: (248) 352-3813

License:  MI  6502130236
License:  MI  6502130233

Certified Commercial Investment Member
International Council of Shopping Centers
National Association of Industrial & Office Properties

Senior Director - National Retail Group
Senior Director - Net Leased Properties Group
Senior Director - National Office and Industrial Properties Group

Promoted to Associate in September, 1999
Promoted to Senior Associate in April, 2001
Promoted to Senior Investment Associate in July, 2004
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in April, 2015

Western Michigan University, BA

National Achievement Award - 2015, 2013, 2007, 2006, 2005, 2003, 2000, 1999
Sales Recognition Award - 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2007, 2006, 2005, 2003, 2002, 2000, 1999

Transactions Closed

  • Verizon Wireless - New Mexico

    Verizon Wireless - New Mexico

    Single-Tenant Office

    Albuquerque, NM
    Price: $31,900,000
    Size: 197,298 sqft
    Cap Rate: 7.03%

  • UnitedHealth Care - i3 Drug Safety-Ingenix

    UnitedHealth Care - i3 Drug Safety-Ingenix

    Single-Tenant Office

    Ann Arbor, MI
    Price: $2,100,000
    Size: 25,000 sqft
    Cap Rate: 11.32%

  • Cross Creek Self Storage

    Cross Creek Self Storage

    Self-Storage Facility

    Portage, MI
    Price: $585,000
    Size: 25,350 sqft
    Size: 157 units
    Cap Rate: 14.70%

  • Meadowbrook Corporate Park Building I

    Meadowbrook Corporate Park Building I

    Office

    Novi, MI
    Price: $7,650,000
    Size: 54,000 sqft
    Cap Rate: 7.98%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Macon, GA
    Price: $5,126,984
    Size: 14,820 sqft
    Cap Rate: 6.30%

  • IBM Office Center

    IBM Office Center

    Office

    Lexington, KY
    Price: $9,000,000
    Size: 118,095 sqft
    Cap Rate: 8.97%

  • ThyssenKrupp Materials NA Headquarters

    ThyssenKrupp Materials NA Headquarters

    Single-Tenant Office

    Southfield, MI
    Price: $15,375,000
    Size: 64,607 sqft

  • Pier 1 Imports

    Pier 1 Imports

    Net Leased Department Store

    Howell, MI
    Price: $1,950,000
    Size: 10,046 sqft
    Cap Rate: 9.79%

  • FedEx Freight

    FedEx Freight

    Single-Tenant Industrial

    Effingham, IL
    Price: $14,150,000
    Size: 101,240 sqft

  • Family Dollar - Howard City, Mi

    Family Dollar - Howard City, Mi

    Net Leased Discount

    Howard City, MI
    Price: $653,000
    Size: 9,180 sqft
    Cap Rate: 8.82%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    PELLSTON, MI
    Price: $715,000
    Size: 9,180 sqft
    Cap Rate: 8.67%

  • FedEx Ground

    FedEx Ground

    Single-Tenant Industrial

    Rochester, NY
    Price: $12,065,100
    Size: 138,436 sqft

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Taylor, MI
    Price: $1,065,000
    Size: 10,415 sqft
    Cap Rate: 8.92%

  • Verizon Building - Lincoln

    Verizon Building - Lincoln

    Single-Tenant Office

    Lincoln, NE
    Price: $20,446,465
    Size: 112,800 sqft
    Cap Rate: 8.23%

  • BAE - Auburn Hills

    BAE - Auburn Hills

    Single-Tenant Industrial

    Auburn Hills, MI
    Price: $10,765,455
    Size: 120,000 sqft
    Cap Rate: 8.22%

  • National City Bank - Ground Lease

    National City Bank - Ground Lease

    Net Leased Bank

    Livonia, MI
    Price: $2,204,000
    Size: 3,475 sqft

  • BAE - Warren

    BAE - Warren

    Single-Tenant Industrial

    Warren, MI
    Price: $6,861,818
    Size: 153,000 sqft
    Cap Rate: 8.36%

  • Florida CVS Portfolio

    Florida CVS Portfolio

    Net Leased Drug Store

    Largo & Port Charlotte, FL
    Price: $10,198,710
    Size: 24,250 sqft

  • Tri-State Chrysler Jeep

    Tri-State Chrysler Jeep

    Net Leased Auto Dealership

    Huntington, WV
    Price: $5,350,000
    Size: 42,382 sqft
    Cap Rate: 9.00%

  • Integra

    Integra

    Single-Tenant Industrial

    Grand Rapids, MI
    Price: $9,500,000
    Size: 164,035 sqft
    Cap Rate: 8.75%

  • Schneider National Inc.

    Schneider National Inc.

    Single-Tenant Industrial

    Brandon, MS
    Price: $5,256,243
    Cap Rate: 8.63%

  • WALGREENS - LEHI

    WALGREENS - LEHI

    Net Leased Drug Store

    Lehi, UT
    Price: $5,150,000
    Size: 13,650 sqft
    Cap Rate: 6.06%

  • Shannon Medical Building

    Shannon Medical Building

    Office Medical

    Meridian Township, MI
    Price: $1,975,000
    Cap Rate: 11.14%

  • GE Distribution Center

    GE Distribution Center

    Industrial Warehouse

    Bay St. Louis, MS
    Price: $6,769,078
    Cap Rate: 6.53%

  • MSC Industrial Direct

    MSC Industrial Direct

    Single-Tenant Industrial

    Southfield, MI
    Price: $9,325,000
    Cap Rate: 8.63%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Harrisville, MI
    Price: $705,000
    Size: 9,180 sqft
    Cap Rate: 8.30%

  • 1000 John R

    1000 John R

    Office

    Troy, MI
    Price: $2,580,000
    Size: 29,039 sqft
    Cap Rate: 9.13%

  • Intier Automotive

    Intier Automotive

    Single-Tenant Industrial

    Holt, MI
    Price: $11,300,000
    Cap Rate: 8.87%

  • Trinity Health Office Center

    Trinity Health Office Center

    Office

    Novi, MI
    Price: $9,100,000
    Cap Rate: 9.14%

  • Cummins, Inc.

    Cummins, Inc.

    Single-Tenant Industrial

    Charleston, SC
    Price: $10,036,000
    Size: 124,140 sqft
    Cap Rate: 7.00%

  • Crooks Road Medical Centre

    Crooks Road Medical Centre

    Office

    Rochester Hills, MI
    Price: $1,925,000
    Size: 14,000 sqft
    Cap Rate: 9.03%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Lehi, UT
    Price: $5,100,000
    Size: 13,650 sqft
    Cap Rate: 6.12%

  • Ingham Regional Medical Center

    Ingham Regional Medical Center

    Office Medical

    Okemos, MI
    Price: $5,775,000
    Cap Rate: 8.50%

  • Fedex Express

    Fedex Express

    Single-Tenant Industrial

    Flint, MI
    Price: $4,178,000
    Size: 57,522 sqft

  • Henrob Corporation

    Henrob Corporation

    Single-Tenant Industrial

    Novi, MI
    Price: $1,040,000
    Size: 20,167 sqft
    Cap Rate: 10.18%

  • Chicago Pneumatic Tool Co.

    Chicago Pneumatic Tool Co.

    Single-Tenant Industrial

    Novi, MI
    Price: $1,375,000
    Size: 33,732 sqft
    Cap Rate: 9.81%

  • BELLSOUTH OFFICE BUILDING

    BELLSOUTH OFFICE BUILDING

    Office

    Memphis, TN
    Price: $19,300,000
    Cap Rate: 7.50%

  • FedEx Ground

    FedEx Ground

    Single-Tenant Industrial

    Chesterfield, NH
    Price: $3,850,000
    Size: 37,698 sqft

  • Volkswagen of America

    Volkswagen of America

    Single-Tenant Office

    Rochester Hills, MI
    Price: $27,450,000
    Size: 120,693 sqft
    Cap Rate: 8.38%

  • Ricardo North American Technology Campus

    Ricardo North American Technology Campus

    Single-Tenant Office

    Van Buren Twp, MI
    Price: $21,400,000
    Size: 111,000 sqft
    Cap Rate: 6.99%

  • FedEx Ground

    FedEx Ground

    Single-Tenant Industrial

    Paducah, KY
    Price: $3,730,000
    Size: 51,042 sqft

  • Dollar General

    Dollar General

    Net Leased Discount

    White Cloud, MI
    Price: $620,000
    Size: 9,014 sqft
    Cap Rate: 8.13%

  • Michigan Emergency Command Center

    Michigan Emergency Command Center

    Single-Tenant Office

    Lansing, MI
    Price: $9,200,000
    Size: 99,999 sqft
    Cap Rate: 9.41%

  • Riverview Commons

    Riverview Commons

    Shopping Community

    Riverview, MI
    Price: $7,850,000
    Size: 93,026 sqft
    Cap Rate: 9.16%

  • STATE OF MICHIGAN

    STATE OF MICHIGAN

    Single-Tenant Office

    Madison Heights, MI
    Price: $3,500,000
    Size: 26,500 sqft
    Cap Rate: 9.72%

  • Siemens / Qualex Building

    Siemens / Qualex Building

    Industrial Research & Development

    Novi, MI
    Price: $12,500,000
    Size: 140,093 sqft
    Cap Rate: 9.96%

  • Cedar Business Center

    Cedar Business Center

    Industrial Office Warehouse

    Perrysburg, OH
    Price: $2,100,000
    Size: 58,000 sqft
    Cap Rate: 8.95%

  • ABB, Inc.

    ABB, Inc.

    Single-Tenant Industrial

    Mt Pleasant, PA
    Price: $11,900,000
    Size: 131,925 sqft
    Cap Rate: 8.51%

  • Farmer Jack

    Farmer Jack

    Net Leased Grocery Store

    Shelby Twp, MI
    Price: $8,865,000
    Size: 57,786 sqft
    Size: 01 units
    Cap Rate: 8.48%

  • Sonic Automotive / Volvo of Las Vegas

    Sonic Automotive / Volvo of Las Vegas

    Shopping Auto Center

    Las Vegas, NV
    Price: $4,755,000
    Size: 92,782 sqft
    Cap Rate: 7.00%

  • Parkwood

    Parkwood

    Mobile Home Park

    Grand Blanc, MI
    Price: $7,843,115
    Size: 252 sqft
    Size: 252 units
    Cap Rate: 8.49%

  • Maple Grove Estates

    Maple Grove Estates

    Mobile Home Park

    Dorr, MI
    Price: $1,448,862
    Size: 435,600 sqft
    Size: 46 units
    Cap Rate: 7.96%

  • Meadow Streams

    Meadow Streams

    Mobile Home Park

    Sodus, MI
    Price: $5,008,023
    Size: 159 sqft
    Size: 159 units
    Cap Rate: 8.21%

  • University Park Audi

    University Park Audi

    Shopping Auto Center

    Dallas, TX
    Size: 40,015 sqft
    Cap Rate: 8.00%

  • Willow Office Center

    Willow Office Center

    Office

    Troy, MI
    Price: $6,700,000
    Cap Rate: 9.13%

  • Georgetown Plaza

    Georgetown Plaza

    Shopping Community

    Georgetown Township, MI
    Price: $2,950,000
    Size: 39,372 sqft
    Cap Rate: 10.00%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Sioux Falls, SD
    Price: $5,520,000
    Size: 67,336 sqft
    Cap Rate: 7.50%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Tucson, AZ
    Price: $5,560,000
    Size: 14,490 sqft
    Cap Rate: 7.50%

  • Fair Oaks Mall

    Fair Oaks Mall

    Shopping Community

    Columbus, IN
    Price: $17,000,000
    Size: 357,142 sqft
    Cap Rate: 12.33%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Fort Worth, TX
    Size: 14,490 sqft
    Cap Rate: 7.25%

  • Staples

    Staples

    Net Leased Office Supply

    Alpena, MI
    Price: $2,355,000
    Size: 24,049 sqft
    Cap Rate: 9.60%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Sterling Heights, MI
    Price: $4,625,767
    Size: 14,490 sqft
    Cap Rate: 8.15%

  • Android Subassembly

    Android Subassembly

    Single-Tenant Industrial

    Flint, MI
    Price: $21,500,000
    Size: 407,500 sqft
    Cap Rate: 11.37%

  • Mercury Plaza

    Mercury Plaza

    Shopping Community

    Dearborn, MI
    Price: $10,000,000
    Size: 64,574 sqft
    Cap Rate: 9.53%

  • General Motors Flint Facility

    General Motors Flint Facility

    Single-Tenant Industrial

    Flint, MI
    Price: $14,000,000
    Size: 260,000 sqft

  • Ballenger Court

    Ballenger Court

    Multifamily

    Flint, MI
    Price: $1,350,000
    Size: 72 units
    Cap Rate: 13.03%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Toledo, OH
    Price: $3,851,000

  • FedEx Ground

    FedEx Ground

    Single-Tenant Industrial

    Grand Island, NE
    Price: $2,400,000
    Size: 26,151 sqft

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Chicago, IL
    Price: $3,110,000
    Size: 13,905 sqft
    Cap Rate: 9.00%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Kettering, OH
    Price: $3,211,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Toledo, OH
    Price: $3,522,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    West Palm Beach, FL
    Price: $2,777,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Dallas, TX
    Size: 14,000 sqft
    Cap Rate: 9.06%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    San Antonio, TX
    Size: 13,905 sqft
    Cap Rate: 9.05%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Dayton, OH
    Price: $4,548,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Dayton, OH
    Price: $3,491,000

  • Advance Auto Parts

    Advance Auto Parts

    Net Leased Auto Parts

    Laredo, TX
    Size: 7,000 sqft

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Granbury, TX

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Highland Park, MI
    Price: $4,163,602
    Size: 13,905 sqft
    Cap Rate: 8.80%

  • FedEx Ground

    FedEx Ground

    Single-Tenant Industrial

    Effingham, IL
    Price: $2,075,000
    Size: 23,796 sqft

  • Walgreens Drug Store

    Walgreens Drug Store

    Net Leased Drug Store

    Springfield, MO
    Price: $3,875,000

  • Hackley Medical

    Hackley Medical

    Office Medical

    Norton Shore, MI
    Price: $9,200,000
    Size: 48,000 sqft
    Cap Rate: 7.81%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Oakland Park, FL
    Price: $3,470,000
    Size: 15,120 sqft
    Cap Rate: 8.00%

  • American Dollar - Wee Care

    American Dollar - Wee Care

    Shopping Strip

    Norton Shores, MI
    Price: $1,300,000
    Size: 12,000 sqft
    Cap Rate: 9.05%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Ft.lauderdale, FL
    Price: $5,300,000
    Size: 15,120 sqft
    Cap Rate: 8.01%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Fort Lauderdale, FL
    Price: $3,830,000
    Size: 13,905 sqft
    Cap Rate: 8.01%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Sterling Heights, MI
    Price: $4,590,000

  • Eckerd

    Eckerd

    Net Leased Drug Store

    Land O' Lakes, FL
    Price: $3,400,000
    Size: 10,908 sqft
    Cap Rate: 8.26%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Detroit, MI
    Price: $4,150,000
    Size: 13,905 sqft
    Cap Rate: 8.29%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Detroit, MI
    Price: $4,650,000
    Size: 13,905 sqft
    Cap Rate: 8.03%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Lake Worth, FL
    Price: $3,575,000
    Size: 13,905 sqft
    Cap Rate: 8.11%

  • Oven Fresh Bakery

    Oven Fresh Bakery

    Net Leased Miscellaneous

    Adrian, MI
    Price: $500,000
    Size: 7,100 sqft

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Schiller Park, IL
    Price: $4,940,000
    Size: 13,905 sqft
    Cap Rate: 8.03%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Clinton (north), IA
    Price: $3,600,000
    Size: 13,905 sqft
    Cap Rate: 8.21%

  • Solaron Building

    Solaron Building

    Net Leased Miscellaneous

    Southfield, MI
    Price: $385,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Clinton (south), IA
    Price: $4,055,000
    Size: 13,905 sqft
    Cap Rate: 8.05%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Haines City, FL
    Price: $3,175,000
    Size: 15,930 sqft
    Cap Rate: 8.08%

  • Fedex Express

    Fedex Express

    Single-Tenant Industrial

    Jackson, MI
    Price: $1,262,500
    Size: 19,530 sqft