NNN Pro Adds Chris Marks to Lead New Capital Markets Business

NNN Pro Adds Chris Marks to Lead New Capital Markets Business

NNN Pro, a net-lease investment sales and advisory firm that separated from Marcus & Millichap (MMI) in early 2023 to form a stand-alone brokerage, has launched a capital markets division to be run by longtime Marcus & Millichap broker Chris Marks, Commercial Observer has learned. Marks, who spent 15 years at Marcus & Millichap, joined NNN Pro as a senior managing director to help scale the 25-year-old company’s new debt financing business. Over…

Marcus & Millichap Arranges Sale of Mixed-Use in Algonquin

Marcus & Millichap has completed the sale of ReNew on Main, a 69-unit apartment and retail property in Algonquin, Illinois. The property includes 21 one-bedroom and 42 two-bedroom apartments, along with 10,221 square feet of retail space.“The buyer was drawn to the unique combination of newer construction, spacious apartments and retail along the Fox River in downtown Algonquin,” said Jordan Callaway, first vice president investments. “With stro…