Press Releases
Marcus & Millichap Arranges $4.8M Sale of 12-Suite Retail Property in Coldwater, Michigan
November 13, 2026
COLDWATER, Mich., Nov. 13, 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 of Coldwater Plaza, a 12-suite, 32,125-square-foot retail property in Michigan for $4,825,000.
“Multi-tenant retail continues to see strong investor demand in secondary markets like Coldwater,” said Alex Perez, managing director investments. “Coldwater Plaza’s national tenant mix, established occupancy history and strategic location near major retailers made it an attractive investment opportunity.”
Perez and Chris Garavaglia, investment specialists in Marcus & Millichap’s St. Louis office, in association with Gordon Navarre, Marcus & Millichap’s Michigan broker of record, had the exclusive listing to market the property on behalf of the seller.
Built in 2007 on 3.9 acres, Coldwater Plaza is shadow anchored by Home Depot, Walmart and Aldi and is situated in the heart of Coldwater’s primary retail corridor. The property features a mix of service-oriented tenants, with national tenants including Dollar Tree, T-Mobile, Spectrum, Edward Jones, Great Clips and Verizon.
“Multi-tenant retail continues to see strong investor demand in secondary markets like Coldwater,” said Alex Perez, managing director investments. “Coldwater Plaza’s national tenant mix, established occupancy history and strategic location near major retailers made it an attractive investment opportunity.”
Perez and Chris Garavaglia, investment specialists in Marcus & Millichap’s St. Louis office, in association with Gordon Navarre, Marcus & Millichap’s Michigan broker of record, had the exclusive listing to market the property on behalf of the seller.
Built in 2007 on 3.9 acres, Coldwater Plaza is shadow anchored by Home Depot, Walmart and Aldi and is situated in the heart of Coldwater’s primary retail corridor. The property features a mix of service-oriented tenants, with national tenants including Dollar Tree, T-Mobile, Spectrum, Edward Jones, Great Clips and Verizon.
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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.
