Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF A 10,004-SQUARE FOOT RETAIL PROPERTY

09/28/2017

SPRING, Texas, September 2017 – 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 Ella/Louetta Shopping Center, a 10,004-square foot retail property located in Spring, Texas, according to David H. Luther, first vice president/district manager of the firm’s Houston office. The asset had a listing price of $2,120,000.

Gus Lagos, first vice president investments, and Nik Kapetanakis, associate, in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a limited liability company, was secured and represented Evan Altemus, associate in Marcus & Millichap’s The Woodlands office. 

Ella/Louetta Shopping Center is located at 3930 Louetta Road in Spring, Texas.

#     #     #

About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

Source

Marcus & Millichap

Want more news about Marcus & Millichap? Click here