Marcus & Millichap Arranges The Sale Of A 24,315-Square Foot Retail Property in Westerville, OH
Westerville, OH, January 3, 2022-- 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 Ferguson Showroom Retail | Polaris Westar Plaza | Westerville OH, a 24,315-square foot retail property located in Westerville, OH, according to Susan Bands, regional manager of the firm's Manhattan office. The asset sold for $11,143,319.
Jesse Limon, an investment specialist in Marcus & Millichap's Manhattan office, had the exclusive listing to market the property on behalf of the seller, Polaris Westar LLC. The buyer, Hardknocks, LLP, was secured and represented by Jesse Limon. Michael Glass, Senior Vice President / Midwest Division Manager, Broker, of the Ohio office, assisted in closing this transaction.
Limon comments, "This was a 100% occupied multi-tenant retail plaza located off I-71 Interchange. Business and Medical Corridor in an affluent suburbs with new construction in 2020."
Ferguson Showroom Retail | Polaris Westar Plaza | Westerville OH is located at 435 Polaris Pkwy in Westerville, OH. The property hosts six units and is located near major retail corridors.
# # #
About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.