SHEBOYGAN, WI, August 29, 2022 – 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 Flex Industrial, a 30,000-square foot industrial property located in Sheboygan, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $2,975,000.
Jeff Rowlett of The Rowlett Group, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a local limited liability company. The buyer, a limited liability company, was also secured and represented by Jeff Rowlett.
Flex Industrial is located at 4505 S Taylor Dr in Sheboygan, WI. At the time of closing the building was 100% occupied by Rockline, IBC Technologies and Gen3 Plumbing.
About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.