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Marcus & Millichap Arranges the Sale of a 11,332-Square-Foot Retail Property in Zionsville, Indiana

August 10, 2022

ZIONSVILLE, INDIANA, August 10, 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 Whitestown Parkway, a 11,332-square foot retail property located in Zionsville, Indiana, according to Dave Saverin, regional manager of the firm’s St. Louis office. The asset sold for $3.88 million.

Alex Perez and Chris Garavaglia, investment specialists in Marcus & Millichap’s St. Louis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Alex Perez and Chris Garavaglia. Josh Caruana, Indiana Broker of Record, assisted in closing this transaction.

Whitestown Parkway is located at 7119 Whitestown Parkway in Zionsville, Imdiana. The Property was built in 2018 and features five regional and local tenants on long-term leases.

 

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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.

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