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MARCUS & MILLICHAP, INC.

(MMI)
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Marcus & Millichap : Arranges The Sale Of A 6,100-Square Foot Net-Leased Property

11/30/2021 | 03:51pm EST

HEATH, TEXAS, November 30, 2021 - 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 Anytime Fitness, a 6,100-square foot net-leased property located in Heath, Texas.

Vincent Knipp, an investment specialist in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor and repeat client. The buyer, a private investor, was also secured by Mr. Knipp.

As a result of the competitive marketing process from his team, Knipp was able to bring in multiple competitive offers for this property and closed the deal in less than 45 days.

Anytime Fitness is located at 203 Laurence Dr in Heath, Texas.

# # #

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry's most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

Disclaimer

Marcus & Millichap Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 20:50:04 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 1 172 M - -
Net income 2021 119 M - -
Net Debt 2021 - - -
P/E ratio 2021 15,7x
Yield 2021 -
Capitalization 1 839 M 1 839 M -
Capi. / Sales 2021 1,57x
Capi. / Sales 2022 1,56x
Nbr of Employees 764
Free-Float 96,6%
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Marcus & Millichap, Inc. Technical Analysis Chart | MMI | US5663241090 | MarketScreener
Technical analysis trends MARCUS & MILLICHAP, INC.
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Mean consensus SELL
Number of Analysts 1
Last Close Price 46,38 $
Average target price 40,00 $
Spread / Average Target -13,8%
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Managers and Directors
Hessam Nadji President, Chief Executive Officer & Director
Steven F. Degennaro Chief Financial Officer
George M. Marcus Chairman
Ken Sayward Chief Information Officer & Vice President
Adolfo Palacios Vice President-Investments
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