Press Release brought to you by Marcus & Millichap

Marcus & Millichap Arranges the Sale of a 7,619 Square Foot Net-Leased Property

01/05/2016


SUGAR LAND, Texas, 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 Chuy's, a 7,619 square foot net-leased property located in Sugar Land, according to David H. Luther, first vice president/regional manager of the Marcus & Millichap’s Houston office.

Justin Miller, a vice president investments and Derek Hargrove, a vice president investments in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a local developer.  The buyer, an all cash 1031 buyer, was secured by Hargrove and Miller in conjunction with their associate, Davis Hansen.  
Chuy's is located at 400 Highway 6 in Sugar Land.

 

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About Marcus & Millichap (NYSE: MMI)

With nearly 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 7,600 transactions in 2014 with a value of approximately $33.1 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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01/05/2016 - 18:30

Source

Marcus & Millichap

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