Marcus & Millichap Arranges The Sale Of A 43,631 SF Shopping Center

3/25/20

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 7555 Bellaire, a 43,631-square foot retail property located in Houston, Texas, according to Ford Noe, Regional Manager of the firm’s Houston office.

Justin Miller, First Vice President Investments and Davis Hansen, Senior Associate, in Marcus & Millichap’s Houston office, had the exclusive listing to market the property on behalf of the seller, a Houston-based partnership.

“The offering drew significant interest from a variety of investors that liked the Property’s strategic location,” says Miller. “The rent roll is attractive with a mix of medical, service oriented, and discount retailer tenancy,” added Hansen.

7555 Bellaire features tenants such as Family Thrift Center, Alegria Dental Care, and Club Fit. It is located at 7555 Bellaire Boulevard in Houston, Texas.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 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 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap 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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