Search press releases and aggregated headlines — titles, summaries, firms, people, markets, and sectors across the wire and the press archive.
When determining commercial real estate strategies, many investors focus on demand. However, Marcus & Millichap’s October 2026 Construction Outlook research brief said that demand tells only half the story. Long-term…
BOSTON — Marcus & Millichap has negotiated the $4.9 million sale of the Delhi Street Portfolio, a trio of apartment buildings totaling 18 units in Boston’s Mattapan area. The buildings were constructed in 1930 and hou…
Office vacancy in Milpitas edged above 20 percent over the past year despite the city's relatively small inventory, Marcus & Millichap reports, a sharp contrast with the AI chipmakers and hardware firms competing for…
Marcus & Millichap arranged the sale of Canyon Villas, a 122-unit, 122-operating bed, independent living, assisted living and memory care facility with 133 licensed beds in the Clairemont neighborhood of San Diego. Pr…
Marcus & Millichap recently completed the sale of Empire Apartments, a 29-unit multifamily property in Anaheim. The property sold for $8.5 million, or $293,103 per unit. “This transaction was completed all cash and no…
RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Ovilla at Legacy Square, a 288-unit apartment complex in Red Oak, a southern suburb of Dallas. Built o…
KATY, TEXAS — Marcus & Millichap has brokered the $7.5 million sale of an 8,753-square-foot restaurant building in the western Houston suburb of Katy. The sales price equates to $874.84 per square foot. The building a…
ROCKLIN, CALIF. — Marcus & Millichap has arranged the purchase of an industrial property located at 4335 Pacific St. in Rocklin. Dees Burke Engineering Constructors acquired the asset from Kurt Steil, a private invest…
LOXLEY, ALA. — Marcus & Millichap’s Taylor McMinn Retail Group has negotiated the sale of a newly constructed gas station and convenience store in Loxley, an eastern suburb of Mobile, Ala. Wawa occupies the retail pro…
Marcus & Millichap announced the sale of Park MacArthur, a 17-unit multifamily property in Northwest Washington, D.C. The asset sold for $4.3 million. “Park MacArthur stood out in the market as a high-quality asset, p…
AUBREY, TEXAS — Marcus & Millichap has brokered the sale of a 54,777-square-foot industrial flex building in Aubrey, located north of the metroplex in Denton County. The building at 1518 Navo Road was constructed on 4…
The San Jose metro is forecast to grow employment 1.3 percent this year, yet Marcus & Millichap expects office-using sectors to contribute only about 1,000 positions after losing roughly 32,000 white-collar jobs in 20…
Marcus & Millichap (NYSE: MMI) published its fourth quarter 2026 Fort Lauderdale Office Market Report . Deliveries are down, vacancy rates are falling, and rents are up, all good signs for Fort Lauderdale office inves…
The U.S. economy may need to add fewer than 50,000 jobs per month to keep unemployment stable, according to a recent Marcus & Millichap report . The number represents a shift from the 100,000 monthly jobs that were pr…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of The Grad San Jose, a 260-unit, 1,035-bed, purpose-built student housing asset near San Jose State University, where enrollmen…
One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only 283 new apartments were completed in San Jose through May. An affiliate of…
MERCEDES, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged $23.4 million in acquisition financing for a 2,920-square-foot travel center in Mercedes, located in South Texas’ Hidalgo County. The address was…
Marcus & Millichap closed the sale of a 17,104-square-foot, triple-net-leased Caliber Collision property in Berkeley. The property sold for $5 million, or $292.33 per square foot. “This transaction provided the seller…
IPA Capital Markets , a division of Marcus & Millichap , announced that the firm has arranged $50 million in financing for an 18-property industrial portfolio located across Texas, Oklahoma and Georgia. IPA Capital Ma…
OLYMPIA, WASH. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of two apartment properties in Olympia. Hillsboro, Ore.-based Bender Equities sold the assets to FPA Mult…
BELLINGHAM, WASH. — Marcus & Millichap has directed the sale of Pak-A-Nut Storage, a self-storage facility in Bellingham. A local private owner that built and self-managed the property for 20 years sold the asset to a…
Marcus & Millichap finalized the sale of Amber Pines Apartments, a 23-unit multifamily property located at 330 Amber Ct. in Upland. The property sold for $5.9 million, or $257,717 per unit. “Amber Pines features a mix…
Marcus & Millichap announced the $5.52 million sale of Pedron’s RV Storage, an 80,824-square-foot vehicle storage facility. “The sellers owned and self-managed this facility for 40 years, and the buyers already…
EVERGREEN, COLO. — Marcus & Millichap has arranged the sale of The Center at Evergreen, an office property in Evergreen. Good Signature sold the asset to Divine Homes for $3.1 million. Chadd Nelson and Brandon Kramer…
NEW YORK CITY — Marcus & Millichap has brokered the $16.6 million sale of 312 Bowery, a 22-unit apartment building in Manhattan’s NoHo neighborhood. The five-story building, which includes a 3,900-square-foot commerci…
Marcus & Millichap expects 1.3 million square feet of office completions in the San Jose metro this year, all of it tied to Google's owner-occupied Caribbean campus in Sunnyvale, with no meaningful projects under cons…
RICHARDSON, TEXAS — Marcus & Millichap has brokered the sale of a 51,542-square-foot retail property in the northeastern Dallas suburb of Richardson. Known as Baybury Square Shopping Center, the 11-acre property consi…
Marcus & Millichap says higher rates are extending renter tenure as apartment fundamentals improve The Federal Reserve initiated a rate hike in September. As of Oct. 8, the 30-year fixed-rate mortgage stood at 7.4% ,…
Marcus & Millichap closed the sale of Legends Plaza, a 44,068-square-foot shopping center along Loop 363 in Temple, Texas. Scott Jones, Gus Lagos and Alex Wolansky, investment specialists in Marcus & Millichap’s Houst…
Institutional Property Advisors (IPA) , a division of Marcus & Millichap , announced the sale of The Groves Apartments, a 366-unit multifamily property in Kent, Washington. The $72 million sales price equates to $196,…
FLEMINGTON, N.J. — Marcus & Millichap has brokered the $4.7 million sale of Hunterdon Commons, a 57,935-square-foot retail center in the Northern New Jersey community of Flemington. The center was built on 5.9 acres i…
WEST PALM BEACH, FLA. — Marcus & Millichap has brokered the sale of a four-building industrial property located at 2348-2360 N. Military Trail in West Palm Beach. Pugliese Creative Ventures purchased the 43,125-square…
KENT, WASH. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $72 million sale of The Groves Apartments, a multifamily property in Kent, a southern suburb of Seattle. RISE P…
FORT WAYNE, IND. — Marcus & Millichap has arranged the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne. Jack Friskney, Aaron Kuroiwa and Austin Meeker of Marcus & Millichap represented the se…
FOREST GROVE, ORE. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $14.7 million sale of The Boxer, a 99-unit apartment complex in Forest Grove, about 27 miles west of Portl…
WATERLOO, N.Y. — Marcus & Millichap has brokered the $5.3 million sale of Tops Plaza at Seneca Falls, a 122,799-square-foot shopping center in Waterloo, about 40 miles west of Syracuse. Built on 34 acres in 1960, the…
LA GRANGE, ILL. — Marcus & Millichap has brokered the $6.3 million sale of a three-building, medical-anchored retail portfolio in downtown La Grange. The 34,279-square-foot, 12-suite portfolio spans an entire block an…
Marcus & Millichap arranged the sale of Nine-Eighteen Apartments, a 32-unit multifamily property in Anaheim. The property sold for $7.1 million, or $221,875 per unit. “Nine-Eighteen Apartments presented a compelling o…
SAN FRANCISCO — Marcus & Millichap has brokered the sale of a portfolio of two multifamily properties at 1159-1169 and 1067-1071 Union St. in San Francisco’s Russian Hill neighborhood. The properties sold for a combin…
Marcus & Millichap completed the sale of 5840 W. Ogden Ave., an 18,620-square-foot, net-leased Gerber Collision & Glass property in Cicero, Illinois. “This transaction provided the buyer with a newly renovated propert…
GRAND RAPIDS, MICH. — Marcus & Millichap has brokered the $3.2 million sale of an automotive service property occupied by Christian Brothers Automotive in Grand Rapids. Built in 2021, the property totals 5,810 square…
Marcus & Millichap has finalized the sale of 13103 Barbara Ann St., a 41-unit multifamily property in North Hollywood. The property sold for nearly $5.89 million, or $143,610 per unit, and closed escrow at a 5.7% cap…
Marcus & Millichap closed the sale of 400 Iron Horse Park, an industrial property in Billerica, MA. The sale price was $4.45 million. “This was a competitive marketing process with multiple offers. The eventual buyer…
Marcus & Millichap announced the sale of 6145-6149 Kansas Ave. NE in Washington, D.C.’s Riggs Park neighborhood. The asset sold for $1.3 million. “Multifamily rental properties are in short supply in this…
CAPITOL HEIGHTS, MD. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Coral Hills, an 85,514-square-foot shopping center located in Capitol Heights, roughly 10 mile…
A recent write-up from Marcus & Millichap cautioned that economic signals could be a cause for concern for the industrial sector. The Consumer Price Index (CPI) increased 3.4% year over year. At the same time, core CP…
RINGGOLD, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built McDonald’s restaurant located in Ringgold, a Georgia suburb of Chattanooga, Tenn. The restaurant was delivered ear…
PHOENIX — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Astor at Osborn, a mid-rise multifamily property in Phoenix. The asset traded for $47.8 million, or $250,…
Marcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million. “The depth of the buyer pool in Long Island City is as strong as we have seen…
Across the Washington, D.C., area, more retail space was leased than vacated in 2025, despite federal government layoffs and broader economic headwinds, according to a recent report by Marcus & Millichap . The metro r…
SAN JOSE, CALIF. — Marcus & Millichap has arranged the sale of Capital Commercial Center, a retail property in San Jose. A partnership sold the asset to a California-based limited liability company for $7 million, or…
Marcus & Millichap's newly published third-quarter report on the Oakland metro forecasts retail vacancy rising to 6.8 percent by year-end and asking rents slipping to $29.80 per square foot, even as developers deliver…
A local developer has purchased a commercial unit in Long Island City for $6.1 million, or approximately $407 per buildable square foot, with plans to redevelop the building into high-end condos. Marcus & Millichap ne…
Marcus & Millichap announced the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne, Indiana. “Shoaff Park Villas presented a rare opportunity as it was the first time the property had been offe…
KILLEEN, TEXAS — Marcus & Millichap has brokered the sale of Copper Mountain, a 214-unit apartment complex located in the Central Texas city of Killeen. Built on 8.7 acres in 1985, Copper Mountain offers studio, one-…
Economic uncertainty drove many investors toward retail properties offering potential stability, according to Marcus & Millichap. The company’s recently released third-quarter national retail report found that many in…
Institutional Property Advisors , a division of Marcus & Millichap , announced the sale of Griffis North Creek, a 524-unit multifamily property in Bothell, Washington. “Griffis North Creek is an institutional-quality…