Marcus & Millichap Closes Record Sale of Boulder Colo., Student Housing Community

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 Plaza on Broadway, a 39-unit, 152-bed multifamily student housing community in Boulder, Colo. The property sold for $24.05 million, which equates to $616,667 per unit, $158,224 per bed and approximately $474 per square foot. The prices per unit and per square foot are all Colorado records for multifamily transactions over $10 million


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