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MARCUS & MILLICHAP ARRANGES 78,000-SQUARE-FOOT INDUSTRIAL SALE

MISHAWAKA, IND. — The Chicago downtown office of Marcus & Millichap has arranged the sale of a 78,000-square-foot industrial facility located at 520 S. Byrkit in Mishawaka. A limited liability company has sold the building to an undisclosed partnership for $2.5 million. The facility is fully leased to Actuant for a 7-year term, with a rent increase after 5 years. John Abuja and Raymond Sansonetti of Marcus & Millichap represented both the buyer and seller in the transaction.

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