Marcus Millichap

Let Data, not Emotion, Guide Your Hotel Investment Strategy

John Salustri |

The numbers dispel any concern caused by late-cycle jitters. But discipline is always the rule, says Marcus & Millichap’s Peter Nichols.

News

Marcus & Millichap Brokers Headquarters Office and Retail Shopping Center Sales Worth $31M

Steve Lubetkin |

The BP Lubricants USA building is fully occupied by BP’s premium brand, Castrol Oil, which uses the property as its corporate headquarters.

News

Marcus & Millichap Sells 27-Unit MF in Secane, PA

Steve Lubetkin |

The long-term owner had made several significant upgrades including substantial roof work, replacing boilers, and updated kitchens over the years.

All Signs Point to Continued Self-Storage Health

John Salustri |

We’re waiting for absorption to catch up to supply, says Joel Deis of Marcus & Millichap. But demand and market fundamentals remain enticing to investors.

News

Cranberry Plaza, 106K SF Retail Property in Pennsville, NJ, Changing Hands

Steve Lubetkin |

“Cranberry Plaza offered investors solid double-digit cash-on-cash returns with upside potential in a stable market with very minimal downside risk,” says Marcus & Millichap's Michael Cebula.

News

Three-Building Suburban Industrial Portfolio Sold Near Chicago

Steve Lubetkin |

The properties attracted strong interest and multiple offers, says Marcus & Millichap's David Bradley, demonstrating that the market remains strong while rents keep rising.

Apartments Weathering Well the Maturing Cycle

John Salustri |

That’s not to say there are no concerns. But all things considered, says John Sebree of Marcus & Millichap, there’s still room to run.

News

York County Investor Acquires 4251 Crums Mill Road Office Building in Harrisburg

Steve Lubetkin |

Merakey, a developmental, behavioral health, and education non-profit provider, recently signed a new seven-year lease that incorporated a brand new built-to-suit fit-out space.

News

IPA Brokers $18M Office Building Sale in Norristown, PA

Steve Lubetkin |

“This is a stabilized office investment property with zero vacancy, occupied by strong credit tenants with long-term leases,” says John Abuja, IPA senior director.

News

Midwest Experts Forecast 6 Commercial Real Estate Trends in 2019

Steve Lubetkin |

Despite rising interest rates, tightening credit and lingering uncertainty over the geopolitical climate, many commercial real estate experts remain bullish on the market going into the new year.