MARCUS & MILLICHAP ARRANGES THE SALE OF A 66,617 SQUARE FOOT RETAIL PROPERTY
HOUSTON, Texas, 2016 – 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 West Junction Shopping Center, a 66,617 square foot retail property located in Houston, according to David H. Luther, first vice president/regional manager of the firm’s Houston office. The asset had a list price of $7,040,000.
Gus Lagos, a senior associate, Alex Bouchard, a senior associate, and Nik Kapetanakis, an associate in Marcus & Millichap’s Houston 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 Evan Altemus, an associate, in Marcus & Millichap’s Houston office.
West Junction Shopping Center is located at 4978-4998 Highway 6 North in Houston.
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About Marcus & Millichap (NYSE: MMI)
With over 1,600 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 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