MARCUS & MILLICHAP ARRANGES THE SALE OF A 2,876-SQUARE-FOOT NET-LEASED PROPERTY
ELBERTON, Ga., September 28, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of TitleMax, a 2,876-square-foot net-leased property located at 125 Elbert Street in Elberton, Georgia, according to Craig R. Swanson, regional manager of the firm’s Austin office.
Bruce Bentley III and Douglas Diffie, investment specialists in Marcus & Millichap’s Austin office in conjunction with Michael Fasano, the designated Georgia broker of record, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a fund manager, was also secured by Mr. Bentley and Mr. Diffie.
The property was built in 1981 on 0.70 acres. TitleMax has been located at this site for more than 10 years and has recently extended their lease.
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About Marcus & Millichap (NYSE: MMI)
With over 1,700 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 over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company 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