Marcus & Millichap brokers USD 15 million sale of Alton Center Business Park in Illinois
Marcus & Millichap, Inc.
Marcus & Millichap, Inc. MMI | 0.00 |
- Marcus & Millichap brokered the USD 15 million sale of Alton Center Business Park, a 450,400-square-foot industrial property in Alton, Illinois.
- IPA Capital Markets arranged USD 12.4 million of acquisition financing for buyer Rockford Asset Management.
- Property marketed as a value-add deal with roughly 30% vacancy.
- Financing set as a non-recourse bridge loan with a three-year term, extension options, 75% loan-to-cost.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 08, 2026, and is solely responsible for the information contained therein.
