|
|||||
|
Saturday, September 06, 2008 Retail
Marcus & Millichap has negotiated the sale of six Rite Aid stores in three states for $9.42 million. The stores, which are located in Michigan, Ohio and West Virginia, were sold to investor John Tsem. The brokerage firm represented both sides in the transaction, with Simon Jonna and Brandon Hanna of the firm's Detroit, Mich., office representing the seller and Cesar Talavera, a senior associate in the firm's Las Vegas office, representing the buyer. The stores contain an aggregate 64,405 square feet and sold for $146.26 per square foot. The portfolio contains the following: - 11,180 square foot building at 1810 Maplewood Ave., Flint, Mich. - 10,167 square foot building at 102 N. Centerville Rd., Sturgis, Mich. - 10,167 square foot building at 302 W. Main St., Hartford, Mich. - 10,363 square foot building at 693 McCartney Rd., Campbell, Ohio - 10,348 square foot building at 8 Gayle Drive, Berkeley Springs, W.Va. - 11,180 square foot building at Box 67, Whitesville, W.Va. Size: 64,405 square feet Filed Under: Retail E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us 
Comments on this article
No comments have been posted in the last 15 days! Send us your comments on this article
crefeed.com -- Related Headlines
|
|
|||||||||||||
|
|||||||||||||
