MOUNT AIRY, MD — Marcus & Millichap announced the sale of the Mount Airy Portfolio, which was sold in two separate transactions consisting of more than 100,000 s/f of mixed-use properties located in Mount Airy. The portfolio, totaling more than $16.8 million, was represented by Robert Filley, first vice president investments and Dean Zang, senior managing director investments. Additional team members included Christopher Burnham, senior associate and Christian Beck, associate in Marcus & Millichap’s Baltimore office.
“We are pleased to complete this assignment for our clients. This was a complicated transaction with the addition of the bankruptcy proceedings in late 2017. Our collective execution created a great solution for both the sellers and buyers,” stated Filley, who specializes in the sale of office and industrial assets. The properties were initially offered for sale in July of 2016.