MARCUS & MILLICHAP ARRANGES THE SALE OF A 22,000-SQUARE FOOT RETAIL PROPERTY
HOUSTON, TEXAS, March 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 YX Center, a 22,000-square foot retail property located in Houston, Texas, according to David H. Luther, regional manager of the firm’s The Woodlands office. The asset’s sales price was undisclosed.
Nate Newman, Senior Associate, and Logan Kelly, Associate, in Marcus & Millichap’s The Woodlands office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a limited liability company, was secured and represented by Nate Newman, an investment specialist in Marcus & Millichap’s The Woodlands office.
YX Center is located at 16103 West Little York Road in Houston, 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 nearly 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