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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Marcus and Millichap Inc | NYSE:MMI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.08 | 0.25% | 32.33 | 33.025 | 31.99 | 32.29 | 154,918 | 01:00:00 |
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today its 2024 Cold Storage Special Report, which highlights the strategic advantages of investing in cold storage properties.
“A rapid rise in online grocery sales has spurred demand for temperature-controlled storage facilities,” said Alan L. Pontius, national director of Marcus & Millichap’s Office & Industrial division. “From 2019 to 2023, share of total online grocery store spending grew 470 basis points to an all-time high of over 16%. Heightened demand for online delivery and pickup options for food has grocers, restaurant food service providers, and mass market retailers expanding their operational footprints and increasing their capacities for perishable item storage.”
Key research points:
Access Marcus & Millichap’s 2024 Cold Storage Special Report here.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240503414717/en/
Gina Relva, VP of Public Relations Gina.Relva@MarcusMillichap.com 510-999-1284
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