MARCUS & MILLICHAP ARRANGES THE SALE OF A 17,266-SQUARE FOOT RETAIL PROPERTY
KINGWOOD, TEXAS, June 2018 – 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 Rustic Woods Center, a 17,266-square foot retail property located in Kingwood, Texas, according to David H. Luther, regional manager of the firm’s The Woodlands office. Pricing information was not disclosed.
Nate Newman, Senior Associate in Marcus & Millichap’s The Woodlands office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Gus Lagos , First Vice President Investments in Marcus & Millichap’s Houston office.
Rustic Woods Center is located at 4003 Rustic Woods Drive in Kingwood, Texas.
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About Marcus & Millichap (NYSE: MMI)
With over 1,800 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 2017 with a value of approximately $42.2 billion. Marcus & Millichap 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