Press Release brought to you by Marcus & Millichap

Marcus & Millichap Sells 14,800-Square-Foot Starbucks-Anchored Shopping Center in Houston

02/04/2016

HOUSTON, 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 Hawthorne Square, a 14,800-square-foot retail property located in Houston, according to David H. Luther, first vice president/regional manager of the firm’s Houston office.

Justin Miller and Derek Hargrove, both vice presidents investments in Marcus & Millichap's Houston office, represented the buyer, a limited liability company.

Hawthorne Square is located at 3407 Montrose Boulevard in Houston.  The property is anchored by Starbucks and is directly across the street from The Hanover Company’s new high-rise apartment building.

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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 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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