Farragut Pointe Knoxville

Marcus & Millichap Brokers $11.9M Sale of Office Building in Knoxville

by John Nelson

KNOXVILLE, TENN. — Marcus & Millichap has brokered the $11.9 million sale of Farragut Pointe, a 71,406-square-foot office building located at 11132 Kingston Pike in Knoxville. Formerly a retail building, the office property was 100 percent leased at the time of sale to office and medical office tenants. Gary Lee, Paul Johnson, Korey Prefontaine, Don McMinn, Zachary Taylor and Tyler Fish of Marcus & Millichap represented the seller, an unnamed private partnership, in the transaction. Jason Yukins of Marcus & Millichap’s Fort Lauderdale, Fla., office secured and represented the buyer, a limited liability company. Michael Fasano is Marcus & Millichap’s broker of record in Tennessee.

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