Marcus & Millichap Arranges $4M Acquisition of Long Beach Retail Property

by Nellie Day

LONG BEACH, CALIF. — Marcus & Millichap has arranged the sale of a retail property located at 425 W. Anaheim St. in Long Beach. A private investor acquired the 7,296-square-foot property for $4 million. Situated on a 27,277-square-foot lot, the property was built in 2006.

James Yang of Marcus & Millichap secured and represented the buyer in the deal.

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