News Release: Marcus & Millichap Arranges the Sale of a 14,213-Square Foot Office Building

PRESS RELEASES

March 28, 2023

WENTZVILLE, MISSOURI, March 21, 2023 – 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 Schroeder Creek Dental, a 14,213-square-foot office property located in Wentzville, Missouri, according to David Saverin, regional manager of the firm’s St. Louis office. The asset sold for $3,468,000.

Alec Coronado, an investment specialist in Marcus & Millichap’s St. Louis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

Schroeder Creek Dental is located at 1000 Schroeder Creek Blvd in Wentzville, Missouri. The property is a 100 percent occupied medical office building. Tenants include dental offices, an endodontics center, an orthodontic group, and an oral maxillofacial and implant surgery center.

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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, 2022, the company had 1,904 investment sales and financing professionals in 81 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 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.

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