Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF 66,090 SQUARE FEET OF LAND

03/17/2016

HOUSTON, March 17, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 66,090 square feet of Houston Medical Center land, according to David H. Luther, first vice president/regional manager of the firm’s Houston office. The parcel listed for $2.58 million.

Gus Lagos, a senior associate, and Evan Altemus, an associate, both in Marcus & Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust.

Houston Medical Center land is located on Holly Hall Street in Houston.

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About Marcus & Millichap (NYSE: MMI)

With over 1,500 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 8,700 transactions in 2015 with a value of approximately $37.8 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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Marcus & Millichap

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