Ken Hobson Of Marcus & Millichap Sells Industrial Property In Melbourne For $2.19M

The industrial property located at 2851 Electronics Drive in Melbourne was recently sold in a closed transaction. The sale was facilitated by broker Ken Hobson from Marcus & Millichap. The property spans a total area of 16,871 square feet, and the sale price was recorded at $2,193,000, resulting in a price per square foot of $130.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,193,000
• Address: 2851 Electronics Drive, Melbourne
• Market: Melbourne
• Broker: Ken Hobson - Marcus & Millichap
• Square Footage: 16,871
• Price Per Square Foot: $130

This transaction highlights the successful involvement of Ken Hobson from Marcus & Millichap as the broker representing the parties in the deal. The property, located at 2851 Electronics Drive in Melbourne, presents a valuable opportunity in the industrial market.