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Marcus & Millichap Announces the Sale of a Net Lease Ent Credit Union in Greeley, Colorado

January 24, 2024

GREELEY, Colo., January 24, 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 Ent Credit Union, a new 15-year absolute triple-net ground lease property located in Greeley, Colorado. The asset sold for $2,182,000.

Drew Isaac, senior managing director, and Ian Hicks, associate, in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a developer.

Ent Credit Union is located at 10th Street Road in Greeley, Colorado. This asset is a part of a boomerang mixed-use development including Ent Credit Union, Starbucks, and QuikTrip as well as 177 single-family homes, 189 apartments, and is adjacent to a 546-unit multifamily development.

 

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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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