WAUSAU, WI, February 10, 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 a Footlocker/ Eastbay distribution center located at 500 N 72nd Ave. The building is a 500,000-square foot distribution property located in Wausau, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $17,485,000.
Christian Hlavinka and Jon Rauh, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a private investor, was secured by Christian Hlavinka and Jon Rauh.
Footlocker/ Eastbay distribution center is located at 500 N 72nd Ave in Wausau, WI. This single tenant facility was constructed in 2001, and has served as a Midwest distribution center for Footlocker/ Eastbay since it was constructed.