Press Release brought to you by Marcus & Millichap

Marcus & Millichap Arranges the Sale of a 14,561-Square Foot Retail Property

07/28/2015

THE WOODLANDS, TEXAS, July 6, 2015– 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 The Shops at Terramont, a 14,561 square foot retail property located in The Woodlands, according to David H. Luther, first vice president/regional manager of Marcus & Millichap’s Houston office. The asset had a list price of $5,250,000.

Nik Kapetanakis, an associate and Gus Lagos, a senior 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 by Jerry Goldstein, a senior vice president investments in Marcus & Millichap’s Houston office. 

The Shops at Terramont is located at 10110 Woodlands Parkway in The Woodlands.

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About Marcus & Millichap (NYSE: MMI)

With nearly 1,500 investment 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 7,600 transactions in 2014 with a value of approximately $33.1 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

 

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07/28/2015 - 23:30

Source

Marcus & Millichap

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