Marcus & Millichap Arrange the Sale of Masa Trucking INC.,A 22,505-Square Foot Industrial Building
LOS ANGELES, CA, August 16, 2024 — 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 Masa Trucking Inc., a single-tenant, 22,505-square foot industrial property located in Los Angeles, CA, according to George Azzi, regional manager of the firm’s Los Angeles office.
Christian Desnoes, Senior Associate, and Andrew Defendis, Associate, in Marcus & Millichap’s Los Angeles office, had the exclusive listing to market the property on behalf of the seller, a private investor.“We assisted the seller with the goal of liquidating the asset to facilitate the seller’s long term investment plan of exchanging proceeds into alternative asset classes out of state, which we were able to close concurrent to the official close of escrow date of the subject property” said Desnoes.
Masa Trucking Inc. is located at 200 W 134th St in Los Angeles, CA. The subject property resides in the heart of West Rancho Dominguez, an unincorporated census-designated place located in southern Los Angeles County, and is situated on 0.91 acres of land and was built in 1977.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
