Press Releases
Marcus & Millichap Arranges The Sale Of A 8,903-Square Foot Retail Property in Washington
August 01, 2024
LAKEWOOD, WA, August 1, 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 Bridgeport Oaks Retail Center, a 8,903-square-foot retail property located in Lakewood, Washington. The asset sold for $2,640,000.
Clayton J. Brown and Ruthanne Loar, investment specialists in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Bridgeport Oaks Retail Center is located at 7801 Bridgeport Way West in Lakewood, Washington. The Property is fully occupied with a diverse mix of service-based tenants including H&R Block, Top Quality Cleaners, I PHO, Yes Nails & Wax and Center for Independence. The Property was built in 2001 and renovated in 2010 and features high-quality construction and benefits from a population of over 269,000 residents within a 5-mile radius, with average household incomes exceeding $84,000.
Clayton J. Brown and Ruthanne Loar, investment specialists in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Bridgeport Oaks Retail Center is located at 7801 Bridgeport Way West in Lakewood, Washington. The Property is fully occupied with a diverse mix of service-based tenants including H&R Block, Top Quality Cleaners, I PHO, Yes Nails & Wax and Center for Independence. The Property was built in 2001 and renovated in 2010 and features high-quality construction and benefits from a population of over 269,000 residents within a 5-mile radius, with average household incomes exceeding $84,000.
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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.
