Press Releases
Marcus & Millichap Facilitates the Sale of a Two-Building Industrial Asset in Manteca, California
April 10, 2025
MANTECA, Calif., April 10, 2025 – 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 two concrete tilt-up industrial buildings located in downtown Manteca, California. The asset sold for $2,300,000.
“The seller lives far away from the property and wanted to exit management. They also wanted something closer to home and stabilized,” shared Matt Sulaiman, associate in Marcus & Millichap’s Sacramento office. Matt, Abdullah A. Sulaiman, Russ Moroz, Christopher K. Drake and James Beeghly, investment specialists in the firm’s Sacramento office, had the exclusive listing to market the property on behalf of the seller.
The freestanding industrial property consists of two concrete tilt buildings, located at 205 & 255 Stockton Street in downtown Manteca, California.
“The seller lives far away from the property and wanted to exit management. They also wanted something closer to home and stabilized,” shared Matt Sulaiman, associate in Marcus & Millichap’s Sacramento office. Matt, Abdullah A. Sulaiman, Russ Moroz, Christopher K. Drake and James Beeghly, investment specialists in the firm’s Sacramento office, had the exclusive listing to market the property on behalf of the seller.
The freestanding industrial property consists of two concrete tilt buildings, located at 205 & 255 Stockton Street in downtown Manteca, California.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
