Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF AN INDUSTRIAL BUILDING IN HARRIS COUNTY

09/07/2016

PASADENA, Texas– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of an industrial property located in Pasadena, Texas, according to David H. Luther, first vice president/district manager overseeing the firm’s The Woodlands office. The asset listed for $1.6 million.

Thomas Costello, an associate in Marcus & Millichap’s The Woodlands office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer was a private investor.

3130 Strawberry/3131-3139 Federal Road is located at 3130 Strawberry Road in Pasadena, Texas.

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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

Source

Marcus & Millichap

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