Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF A 16-UNIT APARTMENT BUILDING

03/31/2016

PASADENA, Texas, 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 Skylark Townhome Estates, a 16-unit apartment property located in Pasadena, according to David H. Luther, first vice president/regional manager of the firm’s Houston office. The asset listed for $1.2 million.

Juan Cuevas, a senior associate, and Lucas Fertitta, an associate, both 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 procured by Steven Carrell, an associate, in Marcus & Millichap’s Houston office.

Skylark Townhome Estates is located at 1017 Skylark in Pasadena.

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About Marcus & Millichap (NYSE: MMI)

With over 1,600 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 8,700 transactions in 2015 with a value of approximately $37.8 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

03/31/2016 - 08:00

Source

Marcus & Millichap

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