Marcus & Millichap Arranges the Sale of a 7,200-SF Net-Leased Property in Fremont, California

FREMONT, Calif. June 26, 2024 – 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 two buildings with a combined size of 7,200-square-feet located in Fremont, California. The assets sold for $3,750,000.

“The property is located on one of the best corners in Fremont,” shared Yuri Sergunin, investment specialist in Marcus & Millichap’s Palo Alto office. “We were able to sell above list after multiple offers with limited time on the market,” Sergunin, J.J. Taughinbaugh and Eric Carrillo, investment specialists in the firm’s Palo Alto office, had the exclusive listing to market the property on behalf of the seller, a private investor.

The property is located at 3055 Mowry Avenue and 38780 Paseo Padre Parkway in Fremont, California and features two buildings occupied by Western Dental.

#     #     #

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.