MARCUS & MILLICHAP ARRANGES THE SALE OF A 25,349-SQUARE FOOT BUILDING IN SPRING BRANCH
HOUSTON, TEXAS, April 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 the Long Point & Wirt Building, a 25,349-square foot building in Houston, Texas, according to David H. Luther, First Vice president/Regional Manager of the firm’s Houston office.
Justin Miller, First Vice President Investments, Dave Knobler, First Vice President Investments and Davis Hansen, Associate, in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a Houston-based partnership.
The property is located just off the south east corner of the high-traffic Long Point & Wirt intersection in Spring Branch. The property’s high-profile location, access to 3 streets, and large parcel size helped attract a variety prospective buyers ranging from developers to users.
The Long Point & Wirt Building is located at 7807 Long Point Road.
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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