RENTON, WA, April 7, 2021 – The Leibsohn Group of 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 Survey’s Inc. office building located just off the 405 corridor in Renton, WA. This owner occupant and future development property sold $1,125,000.
The Leibsohn Group’s Senior Director and Vice President, Brian Leibsohn, the core commercial investment specialist in Marcus & Millichap’s Seattle office, represented the private group of Sellers and generated multiple offers on this exclusive listing. The Buyer was an owner occupant who plans to renovate the building.
This well located and easily accessible 3,960 sf building on approximately 20,000 sf of densely zoned land is strategically situated for long term growth and future development within this growing market.
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 9,726 transactions in 2019 with a value of approximately $50 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.