NEW BERLIN, WI, July 19, 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 KinderCare, a 6,546-square foot net-leased property located at 13000 W Beloit Rd in New Berlin, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $1,160,000.
Jeff R. Rowlett and Matthew Gordon, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, an individual/personal trust, was secured and represented by Jeff R. Rowlett and Kelly Flowers, investment specialists in Marcus & Millichap’s Milwaukee office.
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. To learn more, please visit: www.MarcusMillichap.com.