Press Releases
Marcus & Millichap Facilitates $2.14M Sale of Medical and Professional Office Property in Grand Rapids
August 05, 2026
GRAND RAPIDS, Mich., Aug. 5, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale East Paris Medical Center, a 10,011-square-foot, three-suite medical and professional office in Grand Rapids, Michigan. The property sold for $2,135,000.
“Investors were drawn to the property’s strong location and future upside potential, with all tenants currently paying at or below market rents,” said Seth Haron, managing director investments. “The acquisition reflects continued confidence in West Michigan’s healthcare real estate market, which benefits from a large, stable population base, strong household incomes and growing demand for outpatient medical services.”
Haron, Ashish Vakhariya and Darin Gross, investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of the seller, a local private investor and retired physician.
East Paris Medical Center is located at 1155 E. Paris Ave. S.E. along one of Grand Rapids' most active healthcare corridors. The fully leased property is anchored by Trinity Health Michigan and is surrounded by major healthcare providers, including Corewell Health Blodgett Hospital, Corewell Health Butterworth Hospital and Trinity Health Grand Rapids Hospital.
“Investors were drawn to the property’s strong location and future upside potential, with all tenants currently paying at or below market rents,” said Seth Haron, managing director investments. “The acquisition reflects continued confidence in West Michigan’s healthcare real estate market, which benefits from a large, stable population base, strong household incomes and growing demand for outpatient medical services.”
Haron, Ashish Vakhariya and Darin Gross, investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of the seller, a local private investor and retired physician.
East Paris Medical Center is located at 1155 E. Paris Ave. S.E. along one of Grand Rapids' most active healthcare corridors. The fully leased property is anchored by Trinity Health Michigan and is surrounded by major healthcare providers, including Corewell Health Blodgett Hospital, Corewell Health Butterworth Hospital and Trinity Health Grand Rapids Hospital.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
