Marcus & Millichap Inc.
09/22/2026 | Press release | Distributed by Public on 09/22/2026 15:57
Marcus & Millichap Arranges $6.08M Sale of Childcare Facility in Murfreesboro, Tenn.
Press Releases
Marcus & Millichap Arranges $6.08M Sale of Childcare Facility in Murfreesboro, Tenn.
September 22, 2026
LinkedIn Email App
MURFREESBORO, Tenn., Sept. 22, 2026 - 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 a net-leased childcare facility occupied by O2B Kids! in the Nashville MSA. The property sold for $6,076,000.
"This transaction brought together a newly developed facility, a top childcare operator with more than 75 locations and a location in one of the nation's fastest-growing suburban markets, making it a compelling investment opportunity with long-term cash flow," said Dominic Sulo, senior managing director investments.
Sulo, Jake Lenti, Andrean Angelov and Ryan Engle, investment specialists in Marcus & Millichap's Chicago Oak Brook office, in association with Jody McKibben, Marcus & Millichap's Tennessee broker of record, had the exclusive listing to market the property on behalf of the seller, a Chicago-based developer. Sulo procured a private, Indiana based 1031 exchange buyer.
Located at 2608 St. Andrews Drive, the property is occupied by O2B Kids!, one of the top 15 corporate childcare companies in the United States. O2B Kids! signed a 15-year lease, providing long-term cash flow through December 2040. Demand for early education and childcare services continues to be supported by parents returning to office workplaces, a growing number of working and single mothers, advancements in learning technologies for children and the availability of government funding. The buyer plans to hold the asset long-term.
"This transaction brought together a newly developed facility, a top childcare operator with more than 75 locations and a location in one of the nation's fastest-growing suburban markets, making it a compelling investment opportunity with long-term cash flow," said Dominic Sulo, senior managing director investments.
Sulo, Jake Lenti, Andrean Angelov and Ryan Engle, investment specialists in Marcus & Millichap's Chicago Oak Brook office, in association with Jody McKibben, Marcus & Millichap's Tennessee broker of record, had the exclusive listing to market the property on behalf of the seller, a Chicago-based developer. Sulo procured a private, Indiana based 1031 exchange buyer.
Located at 2608 St. Andrews Drive, the property is occupied by O2B Kids!, one of the top 15 corporate childcare companies in the United States. O2B Kids! signed a 15-year lease, providing long-term cash flow through December 2040. Demand for early education and childcare services continues to be supported by parents returning to office workplaces, a growing number of working and single mothers, advancements in learning technologies for children and the availability of government funding. The buyer plans to hold the asset long-term.
# # #
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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on September 22, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 22, 2026 at 21:58 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]