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Marcus & Millichap Arranges Sale of 21,988 Square Foot Retail Property

09/10/2014

PEARLAND, TEXAS, Sept. 4, 2014– 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 West Pearland Plaza, a 21,988 square foot retail property located in Pearland, Texas, according to David H. Luther, vice president and regional manager of Marcus & Millichap’s Houston office. The asset had a list price of $2,600,000.

Alex Bouchard, an associate, and Gus Lagos, a senior associate, both in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer is a limited liability company, also secured by Lagos and Bouchard. 

West Pearland Plaza is located at 5730 Broadway Street in Pearland.

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About Marcus & Millichap (NYSE: MMI)

With over 1,300 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 6,600 transactions in 2013 with a value of approximately $24 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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09/10/2014 - 18:31

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Marcus & Millichap

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