Marcus & Millichap Brokers the Sale of a 56,000-SF Industrial Warehouse Portfolio for $6.15 Million
By Post
Tampa Bay Newswire
Published: Dec 12, 2022

BRADENTON, Fla., Dec. 09, 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 portfolio of industrial storage facilities in Bradenton, Florida. The two-facility portfolio sold for $6.15 million.

The deal consists of an 18,000-square-foot, single-tenant, net-leased building located at 6115 31st Street East and a 38,000-square-foot, multi-tenant building located at 6205 31st Street East.

“We were able to secure multiple offers and achieve a favorable result for the seller,” said Jaclyn Blair, first vice president investments.

Blair, Douglas K. Mandel, Erick Gonzalez, and James Defusto, investment specialists in Marcus & Millichap’s Tampa and Fort Lauderdale offices, had the exclusive listing to market the property on behalf of the seller, an LLC. The New Jersey-based buyer, a limited liability company, was procured by Blair and Mandel.

Bradenton Industrial Portfolio is situated on a 3.78-acre property and has easy access to major thoroughfares, including Interstate 75 and U.S. 301. The buildings feature dock-high and drive-in doors and include air-conditioned warehouse space.