MARCUS & MILLICHAP ARRANGES THE SALE OF A 63,714-SQUARE FOOT OFFICE BUILDING
LAREDO, Texas, 2017- Marcus & Millichap (NYSE: MMI), a leading commercial real investment services firm with offices throughout the United States and Canada, today announced the sale of Walker Plaza, a 63,714-square foot office property located in Laredo, Texas, according to David H. Luther, first vice president/district manager of the firm's Houston office. The asset had a list price of $4,750,000.
James H. Bell, first vice president investments, and Keith E. Lloyd, director, in Marcus and Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, a partnership.
Walker Plaza is located at 5810 San Bernardo Avenue in Laredo.
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About Marcus & Millichap (NYSE: MMI)
With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, fincancing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system form 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 investors. To learn more, please visit: www.MarcusMillichap.com