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          Marcus & Millichap Brokers Sale of 41,059-Square-Foot Industrial Facility in Annapolis Design District
        
        
          October 31, 2025
        
       
      
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      ANNAPOLIS, Md., Oct. 31, 2025, Marcus & Millichap (NYSE: MMI),a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a fully-occupied industrial facility located at 1812-1820 Margaret Avenue in Annapolis, Maryland. The asset sold for $9,125,000.
      
      "This well-maintained asset offers tenants a unique mix of warehouse and showroom space not commonly found in the submarket," said John Faus, director investments in Marcus & Millichap's Washington, D.C., office. "As a result, the average tenant tenure in the building was more than 12 years. The Annapolis Design District continues to function as a robust business hub supporting the growth of the greater Annapolis area."
      
      Faus, along with Bryn Merrey, senior managing director investments, represented the seller and procured the buyer, a private investor.
      
      The 41,059-square-foot, two-story facility sits on 1.65 acres. The property has six tenants and features open warehouse space with 22-foot ceiling heights, skylights and reserved parking. It also includes a 2,541-square-foot flex/showroom suite with a 600-square-foot second-story office.
      
      Located in the Annapolis Design District, one of the area's most established industrial submarkets, the property provides convenient access to Route 50, Interstate 97 and BWI Airport, and is within driving distance of Baltimore and Washington, D.C.
    
    
      
      
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.