Press Release brought to you by Marcus & Millichap
Marcus & Millichap Arranges the Sale of a 40,648 Square-Foot Net-Leased Property
HOUSTON, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Northeastern Plastics, Inc., a 40,648 square-foot net-leased property located in Houston, TX, according to David H. Luther, regional manager of the firm’s Houston office. The asset’s list price was $1,325,000.
Alex Bouchard and Gus Lagos, investment specialists in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a limited liability corporation.
Northeastern Plastics, Inc. is located at 14221 Eastex Freeway in Houston, TX. The single tenant net leased deal was 100% occupied at the time of sale.
# # #
With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
Atlanta * Austin * Bakersfield * Birmingham * Boise * Boston * Brooklyn * Charleston * Charlotte * Charlotte Uptown * Chicago Downtown * Chicago Oak Brook * Chicago O’Hare * Cincinnati * Cleveland *Columbia *Columbus * Dallas * Denver * Detroit * Encino * Fort Lauderdale * Fort Worth * Fresno * Houston * Indianapolis * Iowa * Jacksonville * Kansas City * Lafayette * Las Vegas * Little Rock * Long Beach * Los Angeles * Louisville * Manhattan * Memphis * Miami * Milwaukee * Minneapolis * Nashville * New Haven * New Jersey * New Mexico *Newport Beach * Oakland * Oklahoma City * Ontario * Orlando * Palo Alto * Philadelphia * Phoenix * Pittsburgh *Portland *Providence *Raleigh * Reno * Sacramento * Salt Lake City * San Antonio * San Diego * San Francisco * St. Louis * Seattle * Tampa * The Woodlands *Tucson * Tulsa * Washington, D.C. *West Los Angeles * Westchester
03/05/2014 - 14:21