Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Starbucks, a 1,850-square foot net-leased property in Sugar Land, TX, 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, an out of state investor. The buyer, a local private investor, was secured by Justin Miller and Davis Hansen. “This offering garnered a lot of attention due to its excellent location and strong demographics,” says Miller.
Starbucks is located at 6502 Highway 90 Alternate in Sugar Land, Texas.
About Marcus & Millichap (NYSE: MMI)
With over 2,000 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 9,726 transactions in 2019 with a value of approximately $50 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.