News: Brokerage

Kunofsky of Marcus & Millichap's Manhattan office brokers $2.4m sale

Marcus & Millichap Real Estate Investment Services has sold the Lone Star Steakhouse & Saloon, a 7,061 s/f single-tenant net-leased property, according to Edward Jordan, regional manager of the firm's Manhattan office. The sales price was $2.4 million. Glen Kunofsky, senior VP investments and a senior director of the firm's national retail group and net leased properties group in Marcus & Millichap's Manhattan office, had the exclusive listing to market the property on behalf of the seller. The buyer was secured and represented by Brian Parmacek, senior associate, and Stephen Rachman, VP investments, both of Marcus & Millichap's Chicago downtown office.
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