MARCUS & MILLICHAP SELLS TWO MULTIFAMILY PROPERTIES IN CENTRAL PHOENIX FOR A COMBINED $3,225,000

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Campbell Apartments and Fountain Springs Apartments which sold in two separate transactions. Campbell Apartments, a 24 unit building, commanded a sales price of $1,825,000 or $76,042 per unit. Fountain…