ISSAQUAH, WA, April 20, 2021 – 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 Front Street Mixed-Use, a 4,800-square foot mixed-use property located in Issaquah, WA, according to Joel Andrew Deis, regional manager of the firm’s Seattle office. The asset sold for $1,750,000.
Brian Leibsohn and Raymond Vara, investment specialists in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a private investor.
Front Street Mixed-Use is located at 99 Front St N in Issaquah, WA. The property was 100% occupied at the time of sale. The tenant mix encompassed primarily restaurants on the ground floor and professional services on the second floor.
About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors.