Marcus & Millichap closes sale of preschool facility in Oakdale

Marcus & Millichap closes sale of preschool facility in Oakdale

Marcus & Millichap closed the sale of a 7,700-square-foot La Petite Academy property in Oakdale, Minnesota. Spencer Berkley, Mark Ruble, Chris Lind and Zack House, investment specialists in Marcus & Millichap’s Phoenix office, in association with Jon Ruzicka, Marcus & Millichap’s Minnesota broker of record, exclusively marketed the property on behalf of the private seller. The asset is located at 470 Imperial Ave. N. and totals 7,700 square feet on 1.3 acres. The company is part of Learning Care Group and operates more than 450 schools nationwide. The buyer plans to hold the property as a long-term investment.