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| Eddie Greenhalgh |
MOBILE, AL – Marcus &
Millichap (NYSE: MMI), a leading commercial real estate investment services
firm with offices throughout the United States and Canada, announced the sale
of Brookside Retirement Community, a 32,200-square foot seniors housing
property located in Mobile, AL. The asset sold for $9,650,000.
Brookside Retirement
Community is located 2260 Pesnell Court in Mobile, Alabama. The campus has been
one of the premier locations for independent, assisted living and memory care
for area residents since its construction in 1998.
The facility includes 84 independent living
residences, including 22 single family homes, a 32 bed assisted living
facility, and a 16 unit memory care facility. The 27 acre campus also features
an onsite Chapel, Club House, and walking trails.
Marcus & Millichap’s Brooks Minford, associate in Miami, Rob Reis, vice president investments in
San Francisco, and Douglas A. Danny,
first vice president in San Diego, represented the seller and procured the buyer.
Eddie Greenhalgh, Broker, assisted
in closing this transaction.
For a complete copy of the company’s news release,
please contact:
Kirk A. Felici
First Vice
President/Regional Manager, Miami
(786) 522-7000
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