Marcus & Millichap Arranges Sale Of 3,500SF Net-Leased Property
SAINT CHARLES, Missouri, July 14, 2021 – 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 Sherwin Williams, a 3,500-square-foot net-leased property located in Saint Charles, Missouri, according to Grant Fitzgerald, Regional Manager of the firm’s Columbus office.
The seller and buyer were both secured and represented by Brennan Clegg, Chris Lind and Mark Ruble, investment specialists in Marcus & Millichap’s Columbus and Phoenix offices. Bradley Barham, Missouri Broker of Record, assisted in closing this transaction.
“This deal was attractive due to the strong real estate fundamentals and investment grade Tenant” says Clegg. “Sherwin Williams typically has a long historical occupancy which makes for a solid long-term investment”
Sherwin Williams is located at 1340 S. 5th Street in Saint Charles, Missouri. Sherwin Williams opened for business in 2018 after being redeveloped from a vacant gas station.
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About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.