Marcus & Millichap Arranges $4.5 Million Sale of Retail Property in Los Gatos, California

by Katie Sloan

Los Gatos, Calif. — Marcus & Millichap has arranged the $4.5 million sale of a retail property located at 52 N. Santa Cruz Ave. in Los Gatos, just south of San Jose. Built in 1985, the 4,401-square-foot property was fully occupied at the time of sale and offers six commercial spaces. Yuri Sergunin and J.J. Taughinbaugh of Marcus & Millichap’s Palo Alto office represented the undisclosed seller and procured the undisclosed buyer in the deal.

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