Saturday, August 7, 2010

Marcus & Millichap Lists $59.3M Development Site in Utah


EAGLE MOUNTAIN, UT – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for a 2,723-acre development site (top left photo)  in Eagle Mountain. The listing price is $59,312,385.

Dana Howland, (middle right photo) a senior associate, and Adam Lewis, an investment specialist in the firm’s Salt Lake City office, are representing the seller, the founder of Eagle Mountain City.

“This development site is comprised of prime commercial land on arterial roads in one of Utah’s fastest-growing areas,” says Howland. “All utility services are available and all parcels can be subdivided to suit the new owner’s needs.”

Utah’s third-largest city by area, Eagle Mountain is located at the western base of the Lake Mountain Range in Cedar Valley, approximately 30 miles south of Salt Lake City. Eagle Mountain has a total area of more than 43 square miles.

The topography of the site is gentle and nearly flat.

MARCUS & MILLICHAP NAMES DOUGLAS K. MANDEL TO VICE PRESIDENT INVESTMENTS IN FORT LAUDERDALE

FORT LAUDERDALE, FL – The board of directors of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Douglas K. Mandel (bottom left photo)  to the position of vice president investments.

 The achievement of vice president investment status is one of the highest levels of recognition the firm awards its sales agents. It represents excellence in client relationships, investment real estate expertise and sales volume, according to Gregory Matus, (bottom right photo) regional manager of the firm’s Fort Lauderdale office.

Most recently, Mandel held the position of associate vice president investments.

Mandel began his career with Marcus & Millichap in 2004, specializing in office and industrial investment sales.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

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