Skip to main content

Press Releases

Marcus & Millichap Arranges Sale of 9-Suite Retail Strip in Wisconsin to Redevelop

January 13, 2025

MIDDLETON, Wis., Jan. 13, 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 Mid Town Square, a 9-suite retail strip property located in Middleton, Wisconsin.  

“This property was sold as a redevelopment play to a regional developer looking to build a three- to four-story multifamily or mixed-use property,” said Patrick Suffield, senior associate. “The deal required significant navigation to evaluate lease lengths to align with development, address building structure concerns, manage parking easements, and determine the number of units to be built.” 

Suffield, an investment specialist in Marcus & Millichap’s Chicago Downtown office, procured the buyer. Todd Lindblom is Marcus & Millichap’s broker of record in Wisconsin. 

Mid Town Square, situated on 2.6 acres at 6333 University Ave., was built in 1948. The 50,000-square-foot retail center is close to downtown Madison and the University of Wisconsin-Madison. 

 

#     #     #

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.

MM Texture Background