Marcus & Millichap closed the sale of Midtown Place, a 12-unit multifamily property in Grand Rapids, Michigan, for $2.65 million.
Chris Futo, a multifamily and mobile home investment specialist in Marcus & Millichap’s Detroit office, marketed the property on behalf of the seller. Futo and Chase Gilewski, associate director investments, procured the buyer, a local West Michigan owner/operator…