MARCUS & MILLICHAP BROKERS SALE OF GLENWOOD CROSSINGS

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KENOSHA, WIS. — Marcus & Millichap has completed the sale of Glenwood Crossings Shopping Center, a 77,504-square-foot retail property located in Kenosha. Situated at the corner of 30th Avenue and 18th Street, the grocery-anchored property was 95 percent occupied at the time of closing. Stephen Rachman, Brian Parmacek and Scott Niedergang of Marcus & Millichap’s downtown Chicago office represented both undisclosed parties in the transaction. Non-recourse, acquisition financing was procured through a regional lender.

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