Marcus & Millichap Arranges the Sale of a 17,170-Square-Foot Industrial Building

SEATTLE, WA, October 3, 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 the Former Warp Exhibits Building, a 17,170-square-foot industrial property located in Seattle, WA, according to Joel Deis, regional manager of the firm’s Seattle office. The asset sold for $4,850,000.

Anne Moxon and RJ Vara, commercial investment specialists at The Vara Group of Marcus & Millichap’s Seattle office, were the exclusive seller representatives and also procured the Buyer, a local business, to purchase the property.

The property is located at 631 S 96th St in Seattle, WA and comprises two buildings: a main warehouse and a small annex building. “The property is well-designed for heavy power use and benefits from an exceptional location in South Park,” said Moxon. “With seamless access to major transportation corridors, our buyer is thrilled to place another footprint in the area and continue expanding business operations.”

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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.