Marcus & Millichap Inc.

09/10/2025 | Press release | Archived content

Marcus & Millichap Arranges Sale of Multifamily and Retail Mixed-Use Property in Madison, Wisconsin

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Marcus & Millichap Arranges Sale of Multifamily and Retail Mixed-Use Property in Madison, Wisconsin

September 10, 2025
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MADISON, Wis., Sept. 10, 2025 - 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 Whitney Point Apartments, a mixed-use property with 48 multifamily units and three retail suites, located in Madison, Wisconsin.

"Whitney Point Apartments stood out as a high-quality, well-located asset with significant long-term potential," said Matthew Whiteside, senior managing director investments. "Its location on Madison's west side, near major thoroughfares and retail amenities, positioned it as a highly desirable asset in today's competitive multifamily market."

Whiteside, Paul Rider and Don Schmidt, investment specialists in Marcus & Millichap's Milwaukee office, had the exclusive listing to market the property on behalf of the seller, Whitney Point Properties, LLC, and procured the buyer, Whitney Point, LLC.

Whitney Point Apartments, located at 5414 Mineral Point Road on Madison's growing west side, sits on 1.77 acres and includes a mix of studio, one-bedroom and two-bedroom units, along with three ground-floor retail suites. Completed in 2020 as Phase I of a larger redevelopment plan, the site allows for a proposed Phase II that would add approximately 100 residential units and 8,250 square feet of retail space.

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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.

Marcus & Millichap Inc. published this content on September 10, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 12, 2025 at 18:40 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]